EPISODE · Jun 5, 2015 · 26 MIN
Audio Alert: Former “Plunge Protection Team” Member Tells All | June 5th, 2015
from Money Metals' Weekly Market Wrap · host Money Metals Exchange
If there’s one thing that both the deflation camp and the inflation camp agree on, it’s that our unsustainable debt levels will result in a financial calamity of some sort. The debt can be defaulted on, at least in theory. Or it can be inflated away through “money printing,” as Alan Greenspan put it. In either scenario, you don’t want to be stuck holding a bunch of dollar-denominated IOUs in the form of bonds, and you certainly don’t want to base your entire retirement future on benefits promised to you by politicians.
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Audio Alert: Former “Plunge Protection Team” Member Tells All | June 5th, 2015
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