RUSH TRANSCRIPT Janis Joplin ░░░░░░░░ in the day Take ░░░░░░░░ charlie gasparino following all ░░░░░░░░ very closely closely the ░░░░░░░░ founder George that leads ░░░░░░░░ the obvious question if ░░░░░░░░ were Adele and advising ░░░░░░░░ on Bitcoin what would ░░░░░░░░ tell her I would ░░░░░░░░ her she s doing ░░░░░░░░ well financially that is ░░░░░░░░ well and good for ░░░░░░░░ to gamble a little ░░░░░░░░ on Bitcoin because that ░░░░░░░░ what it is if ░░░░░░░░ is worth 60000 why ░░░░░░░░ it be worth 600 ░░░░░░░░ or 6 a coin ░░░░░░░░ I think it s ░░░░░░░░ roll of the dice ░░░░░░░░ s money to play ░░░░░░░░ that you would consider ░░░░░░░░ totally agree with that ░░░░░░░░ s a complete thumbs ░░░░░░░░ on central government monetary ░░░░░░░░ around the world and ░░░░░░░░ currencies it s people ░░░░░░░░ to park their hard ░░░░░░░░ assets sometimes beyond that ░░░░░░░░ I think it will ░░░░░░░░ Did they give out ░░░░░░░░ pressures most of the ░░░░░░░░ are reporting Neil very ░░░░░░░░ are mentioning this inflation ░░░░░░░░ I m sure it ░░░░░░░░ out there but very ░░░░░░░░ are saying is going ░░░░░░░░ be deeply impact their ░░░░░░░░ going forward they could ░░░░░░░░ wrong but I expected ░░░░░░░░ hear more about more ░░░░░░░░ of that I have ░░░░░░░░ what you make of ░░░░░░░░ Most investors should be ░░░░░░░░ Bobby ferrin don t ░░░░░░░░ and be happy and ░░░░░░░░ to Adele s new ░░░░░░░░ they be better off ░░░░░░░░ worried about inflation I ░░░░░░░░ worry about growth stocks ░░░░░░░░ the overall market when ░░░░░░░░ 10 year treasury goes ░░░░░░░░ 2 that will be ░░░░░░░░ that the by market ░░░░░░░░ is not just real ░░░░░░░░ is real but is ░░░░░░░░ they go back to ░░░░░░░░ late 70s and stagflation ░░░░░░░░ not comparable whatsoever were ░░░░░░░░ inflation is not transitory ░░░░░░░░ s very real but ░░░░░░░░ s not enough to ░░░░░░░░ the market or economy ░░░░░░░░ it s too worried ░░░░░░░░ early about that Neil ░░░░░░░░ a popping of the ░░░░░░░░ market and has not ░░░░░░░░ tapering I m not ░░░░░░░░ that will make a ░░░░░░░░ dish enter difference when ░░░░░░░░ does but what would ░░░░░░░░ a normal reaction to ░░░░░░░░ inflationary issues I don ░░░░░░░░ think so I think ░░░░░░░░ s a partial effect ░░░░░░░░ the reality that by ░░░░░░░░ is telling us we ░░░░░░░░ have a sugar high ░░░░░░░░ post pandemic stimulus and ░░░░░░░░ will gradually fade at ░░░░░░░░ point next year and ░░░░░░░░ lot of the inflationary ░░░░░░░░ go away with it ░░░░░░░░ inflation the last year ░░░░░░░░ a half or two ░░░░░░░░ I don t think ░░░░░░░░ will call the transitory ░░░░░░░░ can you call permanent ░░░░░░░░ systemic I don t ░░░░░░░░ you can call it ░░░░░░░░ the Fed is been ░░░░░░░░ not to move aggressively ░░░░░░░░ interest rates and tapering ░░░░░░░░ will get a lot ░░░░░░░░ they need a stronger ░░░░░░░░ before they do that ░░░░░░░░ if Jerome Powell ends ░░░░░░░░ not being reappointed and ░░░░░░░░ president goes to someone ░░░░░░░░ how the markets react ░░░░░░░░ that I think they ░░░░░░░░ give a thumbs down ░░░░░░░░ that they would think ░░░░░░░░ the new fed chairman ░░░░░░░░ be more easy money ░░░░░░░░ Chairman Powell and that ░░░░░░░░ stoked inflationary fires quite ░░░░░░░░ bit further I would ░░░░░░░░ my hat to Chairman ░░░░░░░░ he made one mistake ░░░░░░░░ raised interesting several years ░░░░░░░░ and President Trump busted ░░░░░░░░ To his credit Chairman ░░░░░░░░ reassessed and says it ░░░░░░░░ too early to raise ░░░░░░░░ I ll cut them ░░░░░░░░ and I think is ░░░░░░░░ a very vigilant productive ░░░░░░░░ fed chairman I m ░░░░░░░░ he s in that ░░░░░░░░ Neil if he loses ░░░░░░░░ chair you would be ░░░░░░░░ I would worry immediately ░░░░░░░░ would be someone even ░░░░░░░░ devilish and liberal than ░░░░░░░░ is on monetary policy ░░░░░░░░ thank you very very ░░░░░░░░ capital founder we have ░░░░░░░░ lot more coming up ░░░░░░░░ a different read foreclosures ░░░░░░░░ the time being are ░░░░░░░░ the bailouts in the ░░░░░░░░ issue entering out of ░░░░░░░░ apartments, apparently that is