RINGSIDE SEAT TO HYPERINFLATION: Ignore This At Your Peril
ITM Trading, Released on 7/22/22
The Fed is trying to get the public confidence back by raising interest rates. And we're told that raising interest rates is going to stop the inflation that they caused [because of all of the money printing that has been happening since 2008]. We are going to take a look at Mexico's record-breaking inflation that has come in at the highest level since June of 2001. Let's take a ringside seat and see what we can learn from our neighbors that are experiencing hyperinflation.
0:00 Headline News1:36 Is the U.S. Entering Hyperinflation?3:57 Mexico's Record-Breaking Rate Hike5:08 Argentina & Perception Management13:04 Argentina's Overnight 20% Price Jump16:36 Prepare For A Recession23:23 Emerging Market's Debt Will Cause Global Defaults25:55 Why Do Countries Accumulate Tons of Gold Before A Crisis?28:23 Physical Gold is a Proven Inflation Hedge
Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to come together in community in order to survive and thrive through the hyperinflation she sees in the near future.
RINGSIDE SEAT TO HYPERINFLATION: Ignore This At Your Peril added by Herman James on 07/22/2022View all posts by Herman James ?+'