The Fed's No-Win Situation, Fragility Of Valuations, And Coming Chaos With Hugh Hendry

The Acid Capitalist Hugh Hendry joins Julia La Roche again, this time in New York's East Village, for an in-person, unfiltered conversation on macro and more.
Links:
Twitter/X: / hendry_hugh
Podcast: podcasts.apple.com/us/podcast...
KZread: / @hughhendryofficial
Timestamps:
0:00 Intro and welcome
1:36 Macro view and the Fed’s no win situation
2:45 Revisiting financial history
4:20 The U.S. has become the economic locomotive of global growth
5:00 Policy error of fiscal conservatism
6:30 Everything is expensive
7:52 Invest 10% of net worth
9:00 Hugh’s hedge fund years
12:24 ‘To manage a lot of money you have to be serious.’ - the suits
19:07 Looking at charts and patterns while listening to Pink Floyd
24:30 China
36:19 The bubble today - the fragility of valuations
38:00 How you want to be allocated
44:16 The conceit and the arrogance of a well-formed argument
47:00 Hugh’s mistake buying Reader’s Digest in the 90s
48:48 Hugh’s go-to interview question: Tell me when you know it’s going wrong
50:44 Gold’s breakout - not an agent of chaos, the alchemy of chaos
52:24 Japanese Yen
53:49 Bitcoin
57:09 Silver
1:01:50 The Fed’s no win situation
1:04:00 Japanese Yen
1:06:49 Fed shouldn't be cutting interest rates
1:08:47 Present danger
1:11:30 The death of money?
1:15:00 Millennials and bitcoin
1:18:48 The Bono story
#bitcoin #gold #investing

Пікірлер: 164

  • @jimeyhat
    @jimeyhatАй бұрын

    Nice of Hugh to wear his formal tank top

  • @deborahcurtis1385

    @deborahcurtis1385

    Ай бұрын

    It's distracting. The reason for office wear is so you aren't distracted so you are focussed on what the substance is. He and Julia actually look very similar on the tanks but what the heck is he wearing over the tank, it's a kind of combat jacket/bag. It's kind of showing off his body.

  • @RodneyWhittle007
    @RodneyWhittle007Ай бұрын

    Huge fan of Julia - you do a great job of bringing out the best of the people you interview - this was no exception.

  • @TheJuliaLaRocheShow

    @TheJuliaLaRocheShow

    Ай бұрын

    Honestly, this is one of the nicest things someone could say. Thank you so much. I genuinely love listening to and learning from my guests. 💙

  • @mmm-cake

    @mmm-cake

    Ай бұрын

    Wholeheartedly agree

  • @genZetarded
    @genZetardedАй бұрын

    The first thing I learnt was - never judge a person by looks. I myself dress like crap on purpose - met some amazing genuine people. Became my best friends.

  • @brunomanco7529

    @brunomanco7529

    Ай бұрын

    The richest guy i know, a canned fruit importer, dresses like a bum, with old shoes, not shaved and a plastic Casio. The only thing that gives him away its his pristine white teeth

  • @harrybach8412
    @harrybach8412Ай бұрын

    Huge fan of Hugh. He's informative and entertaining. I like hearing his perspective. I get tired of Wall St. rhetoric.

  • @georgescanvas
    @georgescanvasАй бұрын

    This guy's sartorial audacity is pretty out there but he also comes across as very articulate & well educated. The observations he made about the situation in Japan - very noteworthy.

  • @davidcollins8150

    @davidcollins8150

    Ай бұрын

    Well said - “the rug pissers did this?”

  • @elonmusknewsnetwork

    @elonmusknewsnetwork

    Ай бұрын

    that's intention al and part of his charm

  • @jonathonwagner2166
    @jonathonwagner2166Ай бұрын

    Macro econ with a wife beater and a leather vest/shoulder holster. F-ing love it!

  • @GavinLawrence747

    @GavinLawrence747

    Ай бұрын

    Lol

  • @handyrams4822
    @handyrams4822Ай бұрын

    Hugh Hendry gives no fucks whatsoever about dressing "professional." That's what a boss of his own money looks like.

  • @jcgoogle1808

    @jcgoogle1808

    Ай бұрын

    When I saw the thumbnail, I was looking forward to listening to Hugh cause I'd been warming up to his appearances on other channels,... clicked on it an it went down hill fast. First he criticizes fiscal conservatives and says deficits are great,.. so he's a member of the insane Jim Jones cult church of MMT. That would explain the glasses, Then he mentions he's got a relationship with America hater and destroyer George Soros. Then he zones out for a while and loses all focus on something,... so maybe he ought to lay off the mushrooms. And then he says he likes gold and "bobby digital" or some nonsense forShitcoin. (NoteShitcoin has no intrinsic value, it pays no dividends,... yada yada yada,,... if you think fiats are bad,. thenShitcoin is a fiat on steroids,.. or in Hugh's case mushrooms.) The last one is kind of insanely ironic in that were it not for criminal fiscal deficits he says are so good,.. that are in reality are bankrupting America, destroying the purchasing power and the middle class, rendering the dollar worthless,.. there'd be no market or buyers of gold andShitcoin.

  • @zelareka

    @zelareka

    Ай бұрын

    he only has 5 million, boss ??

  • @kylemartinnelsonify

    @kylemartinnelsonify

    Ай бұрын

    @@zelarekauuuuhhhhh no

  • @jcgoogle1808

    @jcgoogle1808

    Ай бұрын

    You sound like a boss of being poor.

  • @DMatalas

    @DMatalas

    Ай бұрын

    IM growing my hair and beard and wearing old digs will see if this works for me.

  • @TexasRiverRat31254
    @TexasRiverRat31254Ай бұрын

    I enjoy Hugh's point of view and as someone that did a wee bit of acid I believe he may have some limited experience as well. It's a different worldview.

  • @kylemartinnelsonify
    @kylemartinnelsonifyАй бұрын

    Hugh you are the best. Thank you for being authentic. I hope to meet you someday.

  • @larry9700
    @larry9700Ай бұрын

    Makes me feel better about losing my train of thought! Wish I had a Julia to save me at those times!

  • @peterwolf2082
    @peterwolf2082Ай бұрын

    I taking a deep smoke as I watch .....but I am not inhaling

  • @Th3_Hoff
    @Th3_HoffАй бұрын

    Dude loves mushrooms...what a G!

  • @paulinechernick2537
    @paulinechernick2537Ай бұрын

    Wonderful interview!

  • @DeFi-Macrodosing
    @DeFi-MacrodosingАй бұрын

    Loved this one. It's great when you allow a guest to just talk. Julia, I love your show and your hosting style.

  • @gregweiss9359
    @gregweiss9359Ай бұрын

    Great interview Julia! Love Hugh Hendry and you did a great job keeping his wandering brain on course!

  • @Horatio1886build
    @Horatio1886buildАй бұрын

    Fiscal conservatives in US held the world back- WTF. Invest through debt yes. Malinvestment with debt is a disaster. And that is what we in the US are doing now with “ green energy” wars that don’t achieve anything but suck our dollars and make insiders rich. But I will try to listen maybe there is something here.

  • @ajarthur2437

    @ajarthur2437

    Ай бұрын

    💯

  • @jcgoogle1808

    @jcgoogle1808

    Ай бұрын

    Exactly,... This insane incompetent corrupt senile ole joe admin and the MMT demcorats have continued to unnecessarily spend 50% MORE in 2021, 22, 23, 24,.. (all of it defictis spending adding 2 to $3 trillion to the debt each year),...years after the pandemic is over than was spent the year before it started,... and we're not even in a recession,... They say like this clown did,.. the economy is great. If it's doing so pheckinggreat,.. then why the need to unprecedentedly deficit spend $2 to $3 trillion each year??? When I saw the thumbnail, I was looking forward to listening to Hugh cause I'd been warming up to his appearances on other channels,... clicked on it an it went down hill fast. First he criticizes fiscal conservatives and says deficits are great,.. so he's a member of the insane Jim Jones cult church of MMT. That would explain the glasses, Then he mentions he's got a relationship with America hater and destroyer George Soros. Then he zones out for a while and loses all focus on something,... so maybe he ought to lay off the mushrooms. And then he says he likes gold and "bobby digital" or some nonsense forShitcoin. (NoteShitcoin has no intrinsic value, it pays no dividends,... yada yada yada,,... if you think fiats are bad,. thenShitcoin is a fiat on steroids,.. or in Hugh's case mushrooms.) The last one is kind of insanely ironic in that were it not for criminal fiscal deficits he says are so good,.. that are in reality are bankrupting America, destroying the purchasing power and the middle class, rendering the dollar worthless,.. there'd be no market or buyers of gold andShitcoin. The guy is over rated. He's not cool,.. he's a clown.

  • @iangordon5611
    @iangordon5611Ай бұрын

    The locomotive has no brakes -Lyn Alden or Luke Groman

  • @rivendell67
    @rivendell67Ай бұрын

    awesome sauce...between the excellent adventure and fast times...and seriously knowing what you are talking about. 😎

  • @lesleyjohnson8488

    @lesleyjohnson8488

    Ай бұрын

    Perfect statement 😊

  • @VonSnitch
    @VonSnitchАй бұрын

    ❤❤amazing vid ❤❤ love this pod and Hugh Hendry 🎉🎉😊

  • @dailydoseofnews4828
    @dailydoseofnews4828Ай бұрын

    Great stuff, i like Hugh a straight shooter

  • @federicocapitani8490
    @federicocapitani8490Ай бұрын

    this is so precious !!!

  • @Horatio1886build
    @Horatio1886buildАй бұрын

    Even smart people are not guaranteed to make money. I like that. The market is a bucking bronco- I like that too. Ok I will shut up and just listen and maybe get a nugget of insight. I think he is a nice guy.

  • @lesmoe524
    @lesmoe524Ай бұрын

    Hugh is great, I like his insights into the economy and his attitude toward investing. "And if you over commit, you don't make the completion of the journey", love it.

  • @kylemartinnelsonify
    @kylemartinnelsonifyАй бұрын

    58:10 “…there’s a point where you’re not right, you get timed out.”

  • @apothe6
    @apothe6Ай бұрын

    Hugh is fascinating, love his unique perspective on life and markets.

  • @SS-re8pd
    @SS-re8pdАй бұрын

    Hugh on fire here, at his best in this interview. Rock on brother.

  • @Horatio1886build
    @Horatio1886buildАй бұрын

    The EV issue really shows some people cannot distinguish between types of investments. Borrowing money and putting it into terrible fantasy investments is a recipe for disaster. Green energy is based on unicorn fantasy analysis. Might as well flush our fortunes down a toilet. Same with excessive uncontrolled welfare state and helicopter money. All down the toilet but people did make money during the run up( then slinked away with the money ) But this guy does understand more than one would think by the look. He knows boring products can have long term value.We will need fossil fuel for a long time long time.

  • @lesleyjohnson8488
    @lesleyjohnson8488Ай бұрын

    Totally agree with you about simplistic views on percentages on AUM. I really don’t think most people have an understanding of hedging. Well done once again, Hugh! We love you and I will definitely be picking up your book when it is published ❤

  • @zwiguy9494
    @zwiguy9494Ай бұрын

    Really enjoyed this conversation, Hugh explained his thoughts very clearly and candidly

  • @markphillips2648
    @markphillips2648Ай бұрын

    A real person I trust because they are real. A suit with a one way narrative I run from, excellent interview!

  • @jcgoogle1808

    @jcgoogle1808

    Ай бұрын

    When I saw the thumbnail, I was looking forward to listening to Hugh cause I'd been warming up to his appearances on other channels,... clicked on it an it went down hill fast. First he criticizes fiscal conservatives and says deficits are great,.. so he's a member of the insane Jim Jones cult church of MMT. That would explain the glasses, This insane incompetent corrupt senile ole joe admin and the MMT demcorats have continued to unnecessarily spend 50% MORE in 2021, 22, 23, 24,.. (all of it defictis spending adding 2 to $3 trillion to the debt each year),...years after the pandemic is over than was spent the year before it started,... and we're not even in a recession,... They say like this clown did,.. the economy is great. If it's doing so pheckinggreat,.. then why the need to unprecedentedly deficit spend $2 to $3 trillion each year??? Then he mentions he's got a relationship with America hater and destroyer George Soros. Then he zones out for a while and loses all focus on something,... so maybe he ought to lay off the mushrooms. And then he says he likes gold and "bobby digital" or some nonsense forShitcoin. (NoteShitcoin has no intrinsic value, it pays no dividends,... yada yada yada,,... if you think fiats are bad,. thenShitcoin is a fiat on steroids,.. or in Hugh's case mushrooms.) The last one is kind of insanely ironic in that were it not for criminal fiscal deficits he says are so good,.. that are in reality are bankrupting America, destroying the purchasing power and the middle class, rendering the dollar worthless,.. there'd be no market or buyers of gold andShitcoin.

  • @stephenodey5147
    @stephenodey5147Ай бұрын

    Hugh fascinating, educational and fun 🫶

  • @rickbogden4626
    @rickbogden4626Ай бұрын

    The adage applies. "Don't judge a book by it's cover." Great interview. 🙂

  • @Njc451
    @Njc451Ай бұрын

    That Bono Story though - World Class!

  • @chemicalhalf
    @chemicalhalfАй бұрын

    Wow, Fantasia, incredible analogy ha! Great.

  • @Weetorp
    @WeetorpАй бұрын

    The line between genius and insanity is VERY thin in Hugh Hendry. I would never let him manage my money :D

  • @mmm-cake
    @mmm-cakeАй бұрын

    Love this bro lol

  • @dannieduplessis2432
    @dannieduplessis2432Ай бұрын

    I think this is where Julia got him at a weak moment and has by default come up with one of the best interviews with Hugh. Im not sure if most watching this actually understand what he is talking about with regards to Generalities. This interview should be taught in Senior High Schools to actually help them learn about "MONEY" & how it works.

  • @Horatio1886build
    @Horatio1886buildАй бұрын

    This is why I force myself to listen to the entire interview- I actually did get something out of this interview and ended up liking this guy. But I still hate Soros.

  • @bobking2312
    @bobking2312Ай бұрын

    Ask him to sing Bloody Sunday!

  • @guyhommeNYC
    @guyhommeNYCАй бұрын

    The club was called SAVE THE ROBOTS. I met RuPaul there, before "fame" took over. This was early 90's. There is a Wiki entry with more details. The last wild period of NYC night life. Now, its the Speakeasy era, with IG swagger.

  • @kurkinet55
    @kurkinet55Ай бұрын

    Great podcast. First time I watched Julia's podcast

  • @TheJuliaLaRocheShow

    @TheJuliaLaRocheShow

    Ай бұрын

    Thank you so much! Glad you enjoyed it. You might also like our first-ever conversation, which was episode 4. kzread.info/dash/bejne/gmmTptaQqLTgm6g.htmlsi=tAyqdWMRzdTisPmb

  • @kurkinet55

    @kurkinet55

    Ай бұрын

    I will. And I will listen to a few other interesting ones like with Bill Ackman. Thanks!

  • @jimmythetulip
    @jimmythetulipАй бұрын

    I didn't realise U2 frontman has now become a financial advisor...

  • @TheJuliaLaRocheShow

    @TheJuliaLaRocheShow

    Ай бұрын

    His Bono story comes up at the very end of the interview!

  • @mjs2721
    @mjs2721Ай бұрын

    awesome

  • @Th3_Hoff
    @Th3_HoffАй бұрын

    This is the uncle I wished I had growing up

  • @THE.Mr.Potato
    @THE.Mr.Potato18 күн бұрын

    "The future kinda finds me; and it whispers to me. "

  • @smsfelipe
    @smsfelipeАй бұрын

    Liked the insight that starts around 32 min

  • @georgecarlisle9470
    @georgecarlisle9470Ай бұрын

    awesome interview! Both of you are great. It would be great to see an interview from St Bart and a follow up on the St Bart culture.... wish I was a big enough cabbage to be part of the tribe. just a thrifty old man trying to hang on to hanging the lower rungs of the middle class ladder. Kudos for the great content.

  • @alanmrsic893
    @alanmrsic893Ай бұрын

    Great stuff, thanks again! Europa Union 💶 is out performing everyone acid capitalist :-)

  • @elonmusknewsnetwork
    @elonmusknewsnetworkАй бұрын

    I didn't know Johnny Depp ran a macro hedge fund 😂😂😂

  • @jmaietta
    @jmaiettaАй бұрын

    4:40: The U.S. has “found the right gear for fiscal policy? The tragedy of fiscal conservatism?” What fiscal conservatism? The U.S. has run an aggregate fiscal deficit of approximately $9 trillion over the past 4 years. Approximately $0.62 of every $1.00 goes to one social program or another. The purchasing power of the Dollar has been greatly diminished and there is little if any “real” growth in the United States as CPI is woefully understated. The United States has zero fiscal restraint. This can't end well.

  • @sirluciussquigglesworthlll6503
    @sirluciussquigglesworthlll6503Ай бұрын

    🔥

  • @francescoruffini4003
    @francescoruffini4003Ай бұрын

    For the records the Italian financier in Lugano was Alberto Foglia of Banca del Ceresio. While unknown, he brought big customers to Soros, including the late Gianni Agnelli.

  • @ronchandler8799
    @ronchandler8799Ай бұрын

    A quarter of the way through I realized that “the coming chaos” was actually referencing his stream of consciousness…

  • @davidcollins8150
    @davidcollins8150Ай бұрын

    Obviously, a disciple of the “the dude”. The dude abides!!

  • @MarkJensen-se8nn
    @MarkJensen-se8nnАй бұрын

    *A+* Regards -

  • @MegaPaulSullivan
    @MegaPaulSullivanАй бұрын

    Noonr that runs money for anyone will recommend physical gold or silver. The problem is playing with paper claims when the music stops and one is without a chair can wipe out all speculative gains where assets outside the system could leave one sitting pretty.... On a golden and silver throne

  • @TheGreatOne428
    @TheGreatOne428Ай бұрын

    It’s difficult to take someone wearing a tank top seriously on matters of finance

  • @derrickstewart5027

    @derrickstewart5027

    Ай бұрын

    Agreed. I thought it was disrespectful. Wrong vibe for the topic and conversation.

  • @light1908

    @light1908

    Ай бұрын

    The posh accent should negate your suspicions.

  • @TM-yr3pc

    @TM-yr3pc

    Ай бұрын

    indeed, Glasgow’s undoubtedly the poshest part of the UK.

  • @iangordon5611

    @iangordon5611

    Ай бұрын

    He reads Pettis and Napier. And a lot more. He thinks for himself. Don’t discount.

  • @EdLappa

    @EdLappa

    Ай бұрын

    It’s a wife beater

  • @iangordon5611
    @iangordon5611Ай бұрын

    To say what he says, one must present oneself as abstract.

  • @thehungergames8918
    @thehungergames8918Ай бұрын

    Hugh still hates Silver 🥈 😃 The DAX 40 🇩🇪 made a new ATH today 💪💪🤗✌️

  • @moonshinemagic1771
    @moonshinemagic1771Ай бұрын

    Really really good interview, especially the part about the death of money. I truly believe Hugh is on the money (and I have came to the same conclusion years ago). We're facing the bubble of all bubbles and when it goes 'pop', it will be like 1929 or the Fall of Rome. Fascinated about Hughs or anyone elses views on the 'death of money'. What do you do with your capital when everything's falling in price (this could happen in the next few years). Could you dig into this a more with Hugh/future guests that share similar views. Edit: You can clearly tell the bubble is in 10-year treasuries when the yen goes to 200-1 and other currencies crash and the US dollar goes skies, sovereigns will repatriate their capital from the US which - in turn - will send US10's to the rook (i.e. bond prices crashing -> banks crashing -> real estate crashing -> risky assets crashing). Actually maybe the safe heaven is stocks, gold and bitcoin this time around - who knows

  • @jimeyhat
    @jimeyhatАй бұрын

    @36:35 I'm kind of a four standard deviation person, you all really aren't on my level but I'll try to dumb this down for yuou

  • @astrogumbo
    @astrogumboАй бұрын

    30:00 btw gartleys dont end on 886 but Im no preaux you guys....Just like coach cant tell when his 3 driver hits

  • @astrogumbo
    @astrogumboАй бұрын

    33:33 i wanna show you guys something......did you even smell out the 5.65 being the 3 before the roll lower?

  • @bradjohnson233
    @bradjohnson233Ай бұрын

    So Hugh made a fortune for a decade playing with the financial status quo (wearing his suit and tie and glasses) lost his 'touch', and now he is telling stories at the local bar about how things are (were). I like him and enjoy some of his esoteric comments that ring true (particularly on other interviews I have heard where he seems more 'coherent' ). But at the end of the day just reinforces to me how insane and warped our current financial sytem is. Kudos to you Julia for hanging in there and even using your charm to keep the conversation going. All good except I am not selling my gold mining stocks even though I am an obvious idiot....

  • @thecountofmontecristo8280
    @thecountofmontecristo8280Ай бұрын

    Oh Hugh..

  • @cryptosheets3162
    @cryptosheets3162Ай бұрын

    Brill : P

  • @MegaMearns
    @MegaMearnsАй бұрын

    What kind of watch is he wearing?

  • @welchkoservices4200
    @welchkoservices4200Ай бұрын

    How'd you get him to leave the island 🏝??? Bee 🐝 well all

  • @Horatio1886build
    @Horatio1886buildАй бұрын

    I could not handle the pressure of being responsible for peoples investment money.

  • @sdcaeastcountyfamily
    @sdcaeastcountyfamilyАй бұрын

    Hugh is cooler than the other side of the pillow

  • @tommoore4717
    @tommoore4717Ай бұрын

    Bono?

  • @user-ov7fd9of5u
    @user-ov7fd9of5u26 күн бұрын

    Who are these fiscal conservatives he speaks of?

  • @Horatio1886build
    @Horatio1886buildАй бұрын

    Ok I was right- listening to Pink Floyd and channeling “ patterns” oh my - there are other forces involved he is missing - the movement of money and a herd following and putting more and more in

  • @jhull5870
    @jhull5870Ай бұрын

    Come on Hugh, at least a shirt for Julia. And that vest? Looks like you just got in from an all nighter.

  • @timothyrday1390
    @timothyrday1390Ай бұрын

    Easy for a foreigner whose made millions off of the effects of sky-high deficits to tell us to abandon fiscal conservativism. He won't be around when the younger generations will have to deal with the devastating financial and monetary consequences.

  • @richardwills-woodward5340

    @richardwills-woodward5340

    Ай бұрын

    I think you're absolving the part played by the younger generations. They have been [the most] ignorant, vacuous, ill-educated group in modern human history. What I see is an entitlement to a certain way of life that no-one prior has enjoyed. They celebrate anti-white racism (based on a fantasy of history), Islamic terror, fascism (in its actual form), hatred of their own culture, ignorance of said history, rainbows and race Marxism, hatred of freedom of speech (again ignorance of history), censorship, and general emotional incontinence, then they blame others for their pain. If they'd have been educated and not mentally retarded to such a high degree (as a percentage of the over all cohort) politicians could not have pulled the wool over their eyes making them in love with the nanny state. The young are overwhelmingly socialists, and they are therefore voting for their own poverty. They think this is capitalism, it isn't, it's corporatism that is in bed with socialism. It can't work any other way. Corporatists team up with the socialists and with any socialist system, you have the have's and the have-not's. The have-nots are the majority. However, so many young people get their ignorance from social media. The truth is the inverse of what they believe. The rest of us know this. It is impossible to employ younger people. Their socialist belief system makes them unemployable for serious work; it is why everything is failing. The competence has left the room in every company, institution and in the corridors of power. People in their 40's like me are even retiring because we can't stand the rainbow bullshit that serves no purpose except to make planes fall out of the sky (see Boeing for a literal example as well this being a metaphor for everything else). These are hard pills for the young to swallow. Hating your country, your history, your skin colour all based on lies the young believe makes them an utterly useless cohort, and a national security threat to boot, which pulls stock markets, increases volatility and things collapse. This benefits no-one. We all suffer due to the young's ignorance. If everything's collapsing, I'm going to make money in the volatility first. Until truth rears its head and the young understand that what they believed was a lie, nothing will change.

  • @edmundlively8137
    @edmundlively8137Ай бұрын

    Timing is not the important thing. Timing is the only thing

  • @vermeerrecpt9290
    @vermeerrecpt9290Ай бұрын

    Undershirt, beads, dark glasses, and greasy hair. If you walked into an investment advisors office, and this guy came out to talk with you, would you leave?

  • @Sitchinte

    @Sitchinte

    Ай бұрын

    No

  • @handyrams4822

    @handyrams4822

    Ай бұрын

    It means he doesn't need your money to make his way.

  • @jacknaneek1681

    @jacknaneek1681

    Ай бұрын

    Yea

  • @Bagged_UP

    @Bagged_UP

    Ай бұрын

    I'd prolly know who I was about to deal with before walking thru the door...

  • @jcgoogle1808

    @jcgoogle1808

    Ай бұрын

    Wifebeater shirt disrespect aside,.. when I saw the thumbnail, I was looking forward to listening to Hugh cause I'd been warming up to his appearances on other channels,... clicked on it an it went down hill fast. First he criticizes fiscal conservatives and says deficits are great,.. so he's a member of the insane Jim Jones cult church of MMT. That would explain the glasses, Then he mentions he's got a relationship with America hater and destroyer George Soros. Then he zones out for a while and loses all focus on something,... so maybe he ought to lay off the mushrooms. And then he says he likes gold and "bobby digital" or some nonsense forShitcoin. (NoteShitcoin has no intrinsic value, it pays no dividends,... yada yada yada,,... if you think fiats are bad,. thenShitcoin is a fiat on steroids,.. or in Hugh's case mushrooms.) The last one is kind of insanely ironic in that were it not for criminal fiscal deficits he says are so good,.. that are in reality are bankrupting America, destroying the purchasing power and the middle class, rendering the dollar worthless,.. there'd be no market or buyers of gold andShitcoin.

  • @user-jv9qz2bu1r
    @user-jv9qz2bu1rАй бұрын

    Huckster Pimping 1. his book 2. bitcoin 3. cannabis 4. his paywall 5. his BRAND BRAND BRAND. Huckster

  • @astrogumbo
    @astrogumboАй бұрын

    33:49 Andre should step in and correct your harmonic errors

  • @astrogumbo

    @astrogumbo

    Ай бұрын

    butterflies dont end in 1.618

  • @astrogumbo

    @astrogumbo

    Ай бұрын

    sloppy AF the more I look at it

  • @BayBayBayArea
    @BayBayBayAreaАй бұрын

    The word salad king

  • @fsaldan1
    @fsaldan1Ай бұрын

    Can I have a bit of the KoolAid he had?

  • @vincentmurphy9252
    @vincentmurphy9252Ай бұрын

    I hate to say it but I would buy him a sandwich and a coffee if I saw him on the streets. COMON your on a podcast at least wear a shirt dude.

  • @user-jv9qz2bu1r
    @user-jv9qz2bu1rАй бұрын

    Bitcoin is not an asset. ballsy to expect btc mkt cap to approximate gold mkt cap.

  • @jameskirk7746
    @jameskirk774627 күн бұрын

    At least watch the film if you are going to reference it.

  • @anthonyferris8912
    @anthonyferris8912Ай бұрын

    Sweaty Capitalist...😁

  • @muskokajewelry
    @muskokajewelryАй бұрын

    A self described “private dancer” making influencer money 💰

  • @jeffdanson
    @jeffdansonАй бұрын

    this guy has gotten every single call wrong. tilts to moon.

  • @namelessmillennial
    @namelessmillennialАй бұрын

    Bitcoin and bono lol

  • @astrogumbo
    @astrogumboАй бұрын

    31:47 the wizard says #germany stays German by the amount of Vril in the system....Even though Germany industrial Production is negative 12% y/y #DAX NEW HIGHS. hahahahahahaha

  • @astrogumbo

    @astrogumbo

    Ай бұрын

    story hasn't changed now we watching just to see if its the front run the whole time....kinda like buy Yen beginning 2024

  • @user-jv9qz2bu1r
    @user-jv9qz2bu1rАй бұрын

    Hugh Hendry who is 55 but looks 70 dissing Bono (better looking) who is 65. That is funny. I do not see the resemblance AT ALL.

  • @mmm-cake
    @mmm-cakeАй бұрын

    Is Julia actually a millennial and not a generation Z? …if millennial doesn’t own a house at this point like what have you been doing for the past 40 years?

  • @TheJuliaLaRocheShow

    @TheJuliaLaRocheShow

    Ай бұрын

    Lived in NYC

  • @mmm-cake

    @mmm-cake

    Ай бұрын

    Your choice is yours. I'm sure you're aware that owning a home in NYC is a significant investment, and one that requires a substantial income. But if you're willing to commute from the surrounding areas, it's definitely achievable. If you do decide to buy a house, you can always refinance if interest rates drop. However, based on my observations, it's unlikely that we'll see interest rates below 3% again. I'm not fond of the current situation, as everything seems overpriced. Unfortunately, there's little we can do about it. But since you have more influence in these matters, I'm counting on you to make a change happen.

  • @maxangeles6279
    @maxangeles6279Ай бұрын

    ya, come back after the stock market crash by the end of this year!! then what? you won't show up for sure or give a million excuses like the rest of financial experts!

  • @mikesmevog7146
    @mikesmevog7146Ай бұрын

    Don't like the same ole Presidential choices? Kennedy 2024 🇺🇸

  • @Red1Moon
    @Red1MoonАй бұрын

    The west is doing well? This dude is the type that loves to hear himself talk. As the USA is tanking he says all is good. We shall see real soon.

  • @Red1Moon
    @Red1MoonАй бұрын

    Outperforming the rest of the world means the best turd in the bowl

Келесі