In this conversation, Woody Brock discusses the complexities of inflation, the role of the Federal Reserve, and the impact of technology on economic trends. He emphasizes that inflation is primarily driven by changes in the prices of goods and services on Main Street, rather than monetary policy alone. Brock also explores the implications of the Trump presidency on domestic and global policies, particularly concerning tariffs and trade. He argues that while rising interest rates may affect certain demographics, the overall economy remains resilient. The discussion highlights the interplay between technological advancements, labor markets, and government spending in shaping future economic landscapes. The conversation delves into the implications of leadership choices, particularly focusing on Trump’s appointments and policies. It discusses the economic consequences of tariffs and inflation, the influence of media on political perspectives, and the importance of competent government appointments. Cultural shifts and public discontent with elite governance are highlighted, alongside the need for strong international alliances in a complex global landscape. The discussion also touches on economic stability, market predictions, and the viability of cryptocurrencies as a future currency.

DR. HORACE “WOODY” BROCK

President, Strategic Economic Decisions, Inc.

Dr. Horace “Woody” Brock, one of the world’s foremost economists, is the author of the book, American Gridlock – Why the Right and Left Are Both Wrong, Commonsense 101 Solutions to the Economic Crises. More than 50 leading chief executives, academics, journalists and investors endorsed the book, published in January 2012 by John Wiley & Sons, Inc. As the founder and president of Strategic Economic Decisions, a renowned economic think tank, Dr. Brock has spent more than 30 years counseling global corporations and other institutions who benefit from his in-depth analysis of ongoing structural changes in the global economy.