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TIP514: Permanent Supply Chain Disruptions That Will Sink the Economy w/ Jim Rickards
We Study Billionaires - The Investor’s Podcast Network
Do You Think You're Going to Have a Goldilocks End?
The Fed is blundering. Inflation is going to come down and they are going to have to cut rates. They'll be cutting rates for a very bad reason, which is we'll be in a severe recession. Stocks will be down 30%. So the idea that you're going to have a Goldilocks ending or soft landing is not true. The Fed will pivot, but they'll pivot too late. There's no evidence that negative interest rates are more easing if you want to call that. QE doesn't work. Nothing works. You can't get out of deflation. And this was shown. By the way, everything I'm describing actually took place between 1929 and
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