Our Currency Is Always, ALWAYS Sacrificed When Crisis Hits | Matt Piepenburg
Wealthion - Be Financially Resilient
The Lack of Economic Discussion and Misconceptions About the GDP
This chapter discusses the lack of economic discussion and education among politicians, as well as the consequences of this. It also highlights the misconception of the current GDP narrative and explores the increase in debt and borrowing in the economy.
Right now, surprisingly robust economic growth of 4.9% is currently expected for Q3.
And inflation remains contained below 4%, less than half where it was a year ago.
This is great news, right? The economy has rebounded, the Fed is taming inflation, and we've dodged the risk of a recession.
Not really, warns Matthew Piepenburg of Matterhorn Asset Management, AG (proprietor of Goldswitzerland.com). In fact, this is a dangerously WRONG narrative that too many are swallowing right now.
To find out why, we'll hear it straight from the man himself. Follow Matt at https://goldswitzerland.com/
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