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Sound Money Will Save Us - David Stockman #5681
Financial Survival Network
English - December 20, 2022 13:00 - 32 minutes - 44.7 MB - ★★★★ - 31 ratingsBusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Summary: In turbulent economic circumstances, we’ve been asking one question: why is today’s inflation so different from the inflation back in the 1980s? David Stockman comes on the show to provide some direct perspective; as Ronald Reagan’s budget director and a former Michigan congressman, he pinpoints some of the factors that make our modern situation inherently different. Some of the contributors include bad policy, outsourcing a large share of the industrial economy, and the Fed misinterpreting data for decades. All of these things have led up to the monetization of debt, which traps us within a vicious cycle. Where does it end? Tune in to hear David’s thoughts on how this all happened and how we’ll (hopefully) get out of it. Useful Links: Financial Survival Network The Great Money Bubble: Protect Yourself from the Coming Inflation Storm