On August 15, 1971 President Nixon gave a speech that was a
catalyst for stagflation.
Parallels: The oil embargo of 1973 was a shock to the system
that, combined with bad monetary policy, brought about economic
misery. Is the pandemic the same kind of shock in 2021, along with
questionable modern-day monetary policy, that will beget similar
conditions?
Watch the bond market on where it thinks inflation is
heading.
About the Podcast
Jim Freeman provides you with insight on finances and retirement lifestyles.