E489 - What Can We Learn From the Inflation of the 1970s?

We all want to know the answer to this one question: Is our buddy, Jerome, over at The Fed going to stop raising rates anytime soon? Obviously, this is a difficult question because it depends on many different things. Is inflation transitory? Can the US balance sheet handle it? How would the executive branch react? Although he doesn’t have a crystal ball, today’s guest has extensive knowledge and first-hand experience of the last time our country experienced unprecedented inflation.  Today, Austrian Economist and beloved repeat guest on the show, Gene Epstein, pulls back the curtain and unveils the possible scenarios we could face during this recession. <<>> Today, we cover… How The Fed of the 1970s faced the inflation problem Why inflation is not transitory What caused us to get in the mess in the first place How big the government debt may get As real estate investors, understanding what influences the Fed’s decisions may be the difference between endless riches or bankruptcy, so this episode is not one to skip! <<>> Take Control, Hunter Thompson Resources mentioned in the podcast:  1. Previous episodes: “E322 – Is 7% Inflation Transitory, or Here to Stay?” “E143 - Should We Use Japan as a Template for Monetary Policy?” 2. Twitter  3. Website  4. Apple Podcasts 5. Reason Interested in investing in ATMs? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group