The Expat Money Show - With Mikkel Thorup cover image

275: Gold, Inflation and the Banking Crisis: The Outlook for 2024 – Peter Schiff

The Expat Money Show - With Mikkel Thorup

CHAPTER

The Consequences of the Federal Reserve's Response to Inflation

This chapter discusses the potential outcomes of the Federal Reserve's response to inflation. They explore the possibility of the Fed printing more money and monetizing government debt to avoid bank failures and defaults on Social Security. However, this could lead to runaway inflation and a loss of purchasing power. They also discuss the impact on Social Security benefits and the reserve status of the US dollar.

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