Brien Lundin discuss the fate of the US dollar
Retirement Lifestyle Advocates, Released on 9/25/22
In the 1970s, when Paul Volcker was cranking up interest rates to kill off inflation, he could do that because the size of the federal debt was only about 30% of the GDP at the time. Today, the federal debt is about 130% of GDP. No matter what Jerome Powell's intentions are, even if he has the same fortitude as Volcker had in fighting inflation, he just doesn't have the tools. In fact, he has nothing he can really do. Our guest this week on Retirement Lifestyle Advocates radio is Brien Lundin. Join your host, Dennis Tubbergen, as he and Brien discuss the fate of the dollar as the reserve currency, an international return to a gold standard, and the current state of world markets.
Brien Lundin serves as president and CEO of Jefferson Financial, Inc., a highly regarded producer of investment-oriented events and publisher of investment newsletters and special reports. Under the Jefferson Financial umbrella, Mr. Lundin serves as publisher and editor of Gold Newsletter, the publication that has been the cornerstone of precious metals advisories since 1971, and as the host of the annual New Orleans Investment Conference, the oldest and most respected investment event of its kind. In addition to his responsibilities with Jefferson Financial, Mr. Lundin is an active investor and speculator in the mining and technology sectors.
Brien Lundin discuss the fate of the US dollar added by Herman James on 09/25/2022View all posts by Herman James ?+'