2022 Economic Forecast
Episode 48 of the Hard Asset Money Show podcast, hosted by Christian Briggs, titled "2022 Economic Forecast" was published on June 8, 2022 and runs 59 minutes.
June 8, 2022 ·59m · Hard Asset Money Show
Summary
Today, we’re talking about the economy in its current state and where the economy will be in 6, 12, even 36 months from now. The current economy says that if we spend up to an addition 3 trillion dollars, we’re going to bring down inflation. But looking at the forecasts for interest rate hikes, and then looking at mortgage rates, spending more to bring inflation down doesn’t make sense. The most recent April numbers show that consumer level inflation is at 8.5%, while wholesale level is at 11%. But figuring in all other hidden figures, inflation is most probably at a record high right now. - (844) 426-4653 www.bmcham.com
Episode Description
Today, we’re talking about the economy in its current state and where the economy will be in 6, 12, even 36 months from now. The current economy says that if we spend up to an addition 3 trillion dollars, we’re going to bring down inflation. But looking at the forecasts for interest rate hikes, and then looking at mortgage rates, spending more to bring inflation down doesn’t make sense. The most recent April numbers show that consumer level inflation is at 8.5%, while wholesale level is at 11%. But figuring in all other hidden figures, inflation is most probably at a record high right now.
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(844) 426-4653
www.bmcham.com
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