The Pandemic and the Return of Inflation
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Description
The impacts of Covid-19 are causing incredible unrest in the economy and the workforce. Political and social unrest continues to grow, and the U.S. economy is teetering on collapse. The...
show moreAs a result, there’s going to be a lot of volatility in the prices of commodities in the developed world. This includes hyper-inflation where gold performs incredibly well. Today’s guest predicts that with the mass printing of money, the U.S. could see higher inflation within five years.
Lyn Alden, a respected maco-analyst, says, “When we see cases of higher inflation, you see two things: the destruction of the productive base and the country owes a debt in a currency they can’t print.” But because of a history of commodity over-supply, inflationary policy hasn’t been very apparent.
Host Robert Kiyosaki and guest Lyn Alden discuss the two indicators of hyper-inflation to watch for and the Fed’s response to it.
Website: www.lynalden.com
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Author | The Rich Dad Media Network |
Organization | Audivita Studios |
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