Lead-Lag Live cover image

The Crash Of Our Lifetime With Harry Dent

Lead-Lag Live

00:00

Deflation Is the Solution to Income Inequality

Deflation is the solution to not just normal CPI inflation, but monetary inflation. We did not get that after all this 10 trillion stimulus. The money went largely into financial assets. So what we have is created a new bigger bubble than we naturally had in 2000. Bubbles always burst and they need to burst. Only it only boosts the dying older generation, which is baby boomers today. It's bad for our economy.

Play episode from 43:55
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app