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His audiences know him as THE ”Inflation Guy.” In the inflation markets he is known as a pioneer. He is considered as the Expert to the experts in the world of inflation markets where true expertise is hard to find. In this podcast the Inflation Guy talks about the hidden tax, the insidious assault on your wealth, and how to defend your money. Have a question? Email InflationGuy@enduringinvestments.com
Episodes
Thursday Jul 28, 2022
Ep. 34: Velocity Turns Higher...Whoops!
Thursday Jul 28, 2022
Thursday Jul 28, 2022
Let's see, the cue card here says that money velocity is an anachronistic concept; velocity is a plug number that has no economic significance; its value has been 'disproven'; and anyway velocity is dead forever so, not to worry.
It's a good thing that the Inflation Guy doesn't read cue cards! Otherwise, he might not have expected the current turn higher in money velocity, and he might be tempted to believe market pricing that says inflation is about to obediently plunge back to the Fed's target. And where would be the fun in that?
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