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Why 2023 May Be The Last Great Time in Your Life  - E.B. Tucker

Why 2023 May Be The Last Great Time in Your Life - E.B. Tucker

FromThe Daniela Cambone Show


Why 2023 May Be The Last Great Time in Your Life - E.B. Tucker

FromThe Daniela Cambone Show

ratings:
Length:
28 minutes
Released:
Jul 24, 2023
Format:
Podcast episode

Description

The potential of artificial intelligence ("AI") has been discussed for several years, and with the development of tools like ChatGPT quickly growing popular, many people are bullish about AI right now. On today's show, Daniela's guest E.B. Tucker believes this global race to develop AI technology could intensify geopolitical tensions, much like de-dollarization, as foreign adversaries embrace this fast-moving trend. He says, "The chip wars are real. They're almost as big as the currency wars. That's the new method of battling the world powers. Without the chips, you can't make any of this happen." E.B. also believes the Federal Reserve's willingness to use interest-rate hikes to manipulate the money supply will weigh heavily on consumers in the long term.  "The Fed's going to go as high and as long as it can before it creates panic. The game plan right now is to suck as much money out of the system as it can without causing a big earthquake in the system," he explains. In conclusion, he implores Daniela's listeners to avoid letting fears of a recession guide their investment decisions due to the central bank's ability to interfere with the economy. "We used to have recessions 25 years ago. What we have is an ongoing boom and the occasional panic. Now, it's too difficult because there's so much intervention. They're trying to manage everything, so there won't be a recession," he claims. ➡️ Watch Here
Released:
Jul 24, 2023
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.