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'It’s a Doom Loop' With Raging Inflation, Only Way Out Is Enormous Depression

'It’s a Doom Loop' With Raging Inflation, Only Way Out Is Enormous Depression

FromThe Daniela Cambone Show


'It’s a Doom Loop' With Raging Inflation, Only Way Out Is Enormous Depression

FromThe Daniela Cambone Show

ratings:
Length:
41 minutes
Released:
May 25, 2022
Format:
Podcast episode

Description

"Inflation is just roasting people," from gas to food prices, "and sadly it's going to get worse," warns Lawrence Lepard, Equity Management Associates Founder, and Managing Partner. "The Fed can't print goods and services like they can print dollars," he tells our Daniela Cambone, saying the United States will remain stuck in a doom loop if it does not reset its currency with a "sound, neutral reserve currency," Lepard claims Powell is attempting to channel his inner Paul Volcker by raising interest rates, but with a caveat: until something within the system implodes or breaks. "I don't think you can hide in stocks [right now], and you need to be totally out of bonds," he asserts. Lepard holds firm that gold is the best performing asset class year-to-date, saying bitcoin will continue to coexist alongside it and both will shoot, "to the moon." He concludes that in order to protect your money today, investors need to be in, "sound money assets," which include: gold, silver, and bitcoin.
Released:
May 25, 2022
Format:
Podcast episode

Titles in the series (100)

There's a thirst for economic and investment know-how. It's not taught in the classrooms or discussed via mainstream media. The Daniela Cambone Show is proud to bring you the exclusive news, interviews, and insight you can't get anywhere else. Host Daniela Cambone sets out to interview the top minds in finance to help explain new investments, opportunities, and industries that otherwise might be a mystery. From cryptocurrency, gold, silver, interest rates, and central banks, to the inner workings of the global economy, Daniela's goal is to get you to a comfortable level of financial understanding to achieve freedom.