Jason Hartman talks with Marc Faber, editor at Gloom, Boom, Doom, about what's going on in our economy with the massive asset inflation that's hit in the past few years. The two examine what central banks will have to do in order to deal with the looming shortages and what investments can buck that trend when it arises.
Key Takeaways:
[3:54] Asset inflation is making the rich richer and leaving the poor and middle class behind
[10:01] Will millennials get bailed out by their inheritance from their Baby Boomer parents?
[13:16] The 2 investments that will appreciate in a global downturn
[15:08] 2 ways central banks can print money
[19:40] Inflationary actions can kick the can down the road a long way, but there is one thing that can ruin the party
Website:
www.GloomBoomDoom.com
American Monetary Association