Yes, we are live well, at least I'm live. How are you doing friends Ernie here with the zero days to expiration podcast. First we , we stream it live on YouTube. Then I , I cleaned it up a little bit, take out all the ums and AHS and things like that. And then put it onto a podcast for your listening pleasure.
Today's episode is The Day Opposite World Stood Still. Now that is a play on the day. The earth stood. It's an old, I think 1950s or maybe early sixties movie. And there was a remake with Keanu Reeves. That was quite good actually, but it's a basic alien invasion type of thing with the coming pending , apocalypse.
And anyways, the day the earth stood still was an impactful movie because it had to do with something that was from the unknown. And everybody had to come to a realization of what was going on. And today, the reason why I call it opposite world, refers to the current state that we are in with regards to the market and this stasis, this, menagerie this, hologram, this fake thing that we deal with everyday called the market is in a perpetual. I dunno, I don't want to call it chaos on the verge of chaos and we're kept there with the one thing that keeps us all sane. And that is the. The , the hope that the fed will not do anything to upset the main lining of hopium.
Oh, what is hopium Marnee? Hopium is like opium it's mainlined like opium, but , not into our arms, into our financial wallets where the fed is continually propping up this. A continual dose of quantitative easing and accommodative monetary policies that of course the marketeers and, the institutions, the big companies, the banks, they love it.
Low interest rates. Just keep everything going, pump money into the economy, make the market go up. Of course it has a complete disconnect with the actual economy. Now the opposite world part is the reality. Now every day there are market reports that come out economic reports that the government and other agencies release.
They give us the state of our. And generally when these market reports are positive, the market reacts by going up when they're negative, the market reacts by going down. Now, this has not been the case over the past few years where the market has become completely dependent.
It's so monkey on their back! Dependent upon the hopium.
Strained my voice there. All right. We're dependent upon that. Hopium and there's this constant fear that the federal reserve, when they, if there's a. I don't know a really bad report, something that is impactful, particularly anything to do with inflation that they'll need to stem that by raising interest rates.
And, oh my God, that is like the worst thing that could ever happen. And we don't like that. So typically those types of actions by the fed are trying to. cool down a hot market. In other words, a positive report could cause things that , We're where the fed would want to react to try to slow them down.
And normally in past times, the fed wouldn't be so quote, accommodative and try to keep interest rates to zero. They would allow the interest rates to fluctuate up and down with a very generous range. These days, that range is so damn slim. There is no room for any kind of fluctuate.