Inflation and How To Prepare For The Next Recession
Jeff Small, President of Arbor Financial joins me to address the rising inflation data in the US. Consumer inflation has been running above the 2% target the Fed has outlined and continuing to tick upward. We also discuss how to be protected and prepared for the next downturn that we all accept we are due for.
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FWIW a couple more 1/4% raises and I believe they will hit their limit. Housing is possibly topping in many markets now and another 1/2% will price out a big portion of potential buyers. Don’t expect them to make it as easy to get into housing as it was last time……At that point, we’ll be slowing down and the markets will have topped. Probably not a crash but the euphoria will be gone and we’ll drift with mostly a downward bias……..JMO
“Probably not a crash”
If only one knew what the real plan was!
Do those in power wnat to take down the system?
https://www.youtube.com/watch?v=tpcwp96_kjc
Or are those in power just muddling along kicking the can down the road?
Everything I see seems that a crash is coming. Will gold and silver help?
I don’t know, in the near term.
In the long term, real things will hold value compared to fiat money; I’m positive about that. In the meantime, I’m trying to stay alive and kicking as long as I can. Aren’t we all?
“Do those in power want to take down the system?”
It can’t be said of all those in power, but surly those in the very top have all the wealth they want……….so why would they take down a system that represents that wealth? I suggest they may want more power and depending on how they go about acquiring it, could bring down a system but I think they’re too wise for that. They’re devious but not stupid.
As far as the debt issue, I’m sure someone will figure out how to paper over the problem somehow. Do you really suppose there is a “plan”?
Interesting. Equating wealth and power.
Are wealth and power truly equivalent?
Could some in power work to do what is in the long term best interest for the country, but which may damage their personal wealth? Why not?
Would that not describe the action of our Founding Fathers?
Twitter, Facebook, youtube and Google are too powerful, and are abusing their power:
Ira’s end of day:
Cory, If we have a couple of interest rate hikes this year AND 3 or 4 next, I can guarantee we are on route to runaway inflation due to excess money printing.
Forget Russian hacking, think further East.
https://www.nextgov.com/cybersecurity/2018/07/chinese-hackers-targeted-internet-things-during-trump-putin-summit/149884/