“It’s Going To Be Devastating” When Rates Rise | David Quintieri
- Liberty and Finance
Central banks are “dislocating all that is normal,” says financial author David Quintieri. Inflation is driving up prices across the board. Even used cars are now appreciating assets. “We’re in a whole new world of money printing and low interest rates.” But the economy has become dependent on easy monetary policy. If interest rates rise, even a little, “It’s going to be devastating.” Find David online: http://youtube.com/TheMoneyGPS
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0:00 Intro
0:59 Inflation
3:09 How did we get here?
4:40 Interest rates
6:13 How high is inflation?
7:46 Why inflation now?
9:37 How to prepare
11:35 Stocks vs. gold
13:45 Gold vs. silver
15:15 Platinum
16:33 The solution
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