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TIP488: Current Market Conditions W/ Richard Duncan
We Study Billionaires - The Investor’s Podcast Network
The Investors Podcast - Richard Duncan
Trey Lockerby: Richard Duncan is back for another episode of The Investors Podcast. A lot's happened since our last discussion, which I believe was in February or March timeframe and years. We need 2% credit growth after inflation to not go into a recession; that's what we discussed on our last episode. If that's the case, why is there any debate right now whether we're in a recession or not? He believes that after a dollar ceased to be backed by gold, our economic system changed - it started being driven by credit growth.
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