John Adams: Crisis Looming – This Phenomenon Was Not Supposed To Happen. You Need To Do This!

• As Good As Gold Australia
  In this discussion, Brian and Darryl Panes from As Good As Gold Australia interview Chief Economist, John Adams, who confirms the emergence and consequences of his early 2021 bold predictions of the continuation of lock-down policies. What do they mean from a political and economic perspective? Stagflation, as John predicted is accelerating, resulting from the policies of the Biden administration. What are the immediate and medium term implications for the global economy? Earlier this month, the Reserve Bank of Australia board held its July board meeting, which laid out the future for monetary policy in Australia. What’s their plan and how does it measure up with the other major central banks? Many central banks around the world are dramatically increasing their gold supplies. Why? We know why. Why not our central banks? How has the combination of the pandemic and the economic stimulus impacted the Australian labour market? Production here and all around the world has fallen off a cliff. Keep it up and you experience the inevitable result – you simply end up broke!

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