
Lacy Hunt: Prepare For Recession, The Fed's Optimism Is Wrong
Thoughtful Money with Adam Taggart
00:00
The Impact of Inflation on Different Socioeconomic Classes
The speakers discuss how rising inflation costs disproportionately affect the middle and lower classes, while the wealthy are protected or even benefit from it. They also highlight the decreasing standard of living for most people and the need to reduce risk, pay off debt, raise cash, and invest in real assets.
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