Inflation; Microsoft; School Choice; Anti-Racism; Poland Arming | YBS: News Roundup July 12
Yaron Brook Show
00:00
The Immorality of High Achievers
I think gold is a hedge against things going really, really bad. Gold does not prove to be a great hedge against inflation. It gets price increases. If a US default ultimately leads to an end of the world scenario, everything dropping, then gold is good. But I don't see proof that it necessarily keeps up with inflation. And in terms of the stock market, if the US actually really did default, that would be very bad for the stock market,. at least short run.
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