17 - Dan Denning on cancel culture, useful idiots and fake money

In this week’s episode of the Bonner Private Research podcast, I’m joined by Mr. Dan Denning, coauthor of The Bonner-Denning Letter with over 18 years in the financial publishing industry. Today, Dan and I talked about cancel culture, and what it has to do with the current political and economic situation. We also spoke about how unsound money leads to the corruption of culture and civil society. Lastly, we touched on how the global attention span is narrowing, liquidity-driven markets and the problem with “unhitched” money. So please, join us for all that and more, in my conversation with Dan, below… Bullet Points 00:50 - Keeping up with cancel culture 08:09 - What does it have to do with the economy? Fake money and foe culture 09:30 - Talking to Dan Denning, who is living in the USA right now - is it as crazy as it seems? 12:14 - Engaging with the media as an “occupational hazard” 14:17 - How much of today’s politicisation of society is orchestrated? 15:40 - Leveraging Lenin’s “useful idiots” to do the left’s dirty work 17:32 - There’s a deliberate attack on civil liberties, especially free speech 21:31 - You don’t have a revolution without two things: destroying who it is that is in power currently, and taking over that power yourself 24:34 - The cancelation of Flannery O’Connor - a morality tale in bad faith 27:10 - Manufacturing orthodoxy by declaring permanent war: Orwell’s tactic 28:18 - Unsound money leading to the corruption of culture and civil society 29:19 - Attention spans collapse to zero: from holding time for stocks to caring only about what you feel right now 33:00 - Hubris in the financial markets and the end of the future 34:50 - Liquidity-driven markets and the problem with “unhitched” money 35:45 - Generation wars, managing your risk appetite and the lure of speculation 41:52 - $1.9 trillion + $2 trillion +... and the trade of the decade