One Step Away From 1970s-Style Stagflation | Todd “Bubba” Horwitz
- Liberty and Finance
With a stagnating economy and inflation on the uptick, it looks like we’re going to see a repeat of the 1970s. Even the Fed is acknowledging inflation is higher than what they expected. “We don’t have people working now,” notes seasoned trader Todd “Bubba” Horwitz, “and you’ve got this ridiculous stimulus out there.” He says, “We’re one step away from the Jimmy Carter era stagflation.”
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0:00 Intro
1:25 Inflation & the markets
4:02 Ponzi scheme
5:12 Debt ceiling
6:39 Confiscation of wealth
8:29 Protect against inflation
11:52 Physical metal vs trading
13:46 Depressed sentiment
end