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Michael Pento -- Two Percent Inflation My Ass!  #6039

Michael Pento -- Two Percent Inflation My Ass! #6039

FromKerry Lutz's--Financial Survival Network


Michael Pento -- Two Percent Inflation My Ass! #6039

FromKerry Lutz's--Financial Survival Network

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)

The Financial Survival Network is dedicated to helping you build your financial fortress so that you can survive and thrive in the new economy. It's all about what's next!