2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP514: Permanent Supply Chain Disruptions That Will Sink the Economy w/ Jim Rickards

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Fed Is Burning Bonds, Not Money Creation

For 11 years from 2009 to 2019, average annual growth was 2.2%. inflation was barely at about 1.6. The Fed's target was 2 the whole time. They only got there a couple of times and it didn't last for more than a month or two. I always say it's a sad day when a central bank wants inflation and they can't get it.

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