23 min listen
Michael Pento -- Two Percent Inflation My Ass! #6039
Michael Pento -- Two Percent Inflation My Ass! #6039
ratings:
Length:
23 minutes
Released:
Apr 12, 2024
Format:
Podcast episode
Description
Kerry Lutz and Michael Pento discussed various economic issues, including inflation, interest rates, and the stability of the US dollar. Pento expressed skepticism about the possibility of inflation going below 2% and argued that a recession or depression might be the only way to achieve that. He also highlighted the increasing strength of gold trading, with central bankers buying gold due to their lack of trust in the US dollar and bond market. The discussion also touched on the potential consequences of interest rate cuts, monetizing debt, and the challenges faced by households, corporations, and the government in handling current interest rates. Overall, the conversation emphasized the need for a viable and functioning middle class in the country. Find Michael here: Pentoport Find Kerry here: FSN and here: Inflaton.Cafe
Released:
Apr 12, 2024
Format:
Podcast episode
Titles in the series (100)
Inflationary/Deflationary Investing with Dennis Tubbergen #5792: Kerry Lutz and Dennis Tubbergen discussed the upcoming recession and the implications of the Fed's actions. They concluded that the trend of inflation will likely lead to a deflationary collapse, and that people should prepare for both inflationary... by Kerry Lutz's--Financial Survival Network