Is there ever a point where the federal reserve says that, you know, we're not going to lend to the US government anymore? Because the debt has just gone too far for them. I think the opposite is more likely. When you have an entity that both has the power to make decisions to benefit somebody, and they have extreme incentives one way and against another, they're most times through history, going to take that. And so if the government has more debt, then they can handle - especially if deflation sets in.
Clay Finck and Joe Brown discuss inflation, the primary drivers of high inflation, how investors can best protect themselves, and more. Joe is the founder of Heresy Financial and is extremely knowledgeable when it comes to inflation.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
02:45 - What inflation is, and why it exists in our modern day economy.
29:43 - How investors can best protect themselves against inflation.
43:37 - Who the ‘winners’ and ‘losers’ are in an inflationary system.
45:45 - Whether stocks are a good inflation hedge or not.
53:21 - The unintended consequences of price controls in an economy.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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