Coffee and a Mike Karl Denninger aka The Ticker Guy #1368
Apr 28, 2026
Karl Denninger, author and founder of market-ticker.org, offers sharp market and policy commentary. He tackles political violence and state hypocrisy. He deconstructs government-created cartels in education and healthcare. He warns about Iran-related energy fallout, LNG export effects on household bills, food and fertilizer risks, and looming fiscal and market instability.
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How Government Creates Cartels In Key Industries
- Karl Denninger argues many high-cost sectors (education, healthcare) act like government-backed cartels that use legal force to maintain prices.
- He cites student lending federalization, licensing requirements, and Medicare-controlled residency slots as mechanisms that block competition.
War With Iran Predictably Raises U.S. Energy Costs
- Denninger says Trump initiated the Iran conflict and that foreseeable consequences include disrupted oil passage through Hormuz and higher domestic energy prices.
- He criticizes allowing LNG and tankers into the U.S., which exported domestic supply and pushed U.S. pump prices toward global levels.
Higher Natural Gas Demand Will Increase Electricity Bills
- Denninger warns U.S. electricity bills will rise because natural gas is used as peaking fuel and global LNG demand pushes domestic gas prices higher.
- He points to TVA's 16% rate increase and predicts 20–30% rises in coming months.