Jeff Socha - Make Inflation Great Again #4358
Financial Survival Network
English - May 29, 2019 16:10 - 17 minutes - 24.1 MB - ★★★★ - 31 ratingsBusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: John Rubino - EU Falling Down and Big News Week #4357
Next Episode: Chris Martenson - Tired of the Lies #4359
The Fed has missed on inflation for so many years. Jeff believes that inflation has been higher than stated and expected for many years. This has had a profound effect upon workers and the economy. There's a difference between increased output and actual higher prices. It's hard to raise rates when the economy is contracting, but when there's an expansion it's much easier to raise them. Pricing strategy shows up, such as increasing one's price until meeting resistance. Eventually the economy will turn and the rate will decline.