Liberty and Finance, Released on 5/7/24
Inflation is not going away, says Andy Schectman of Miles Franklin Precious Metals. He argues “this pipe dream of a soft landing and lowering rates is off the table.” The US dollar is in “terminal decline.” While the US weaponizes its currency, other countries are slowly joining forces with one another and decreasing their dependence on the US. The only way to fund the US’s massive deficits will be to print currency as many nations stop buying Treasuries, he forecasts.
0:00 Intro
1:20 Cryptocurrency convention
3:05 Preservation vs speculation
8:00 Jared Bernstein’s interview
13:44 The decline of the America
25:26 Precious metals update
41:16 Weekly specials
Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals. Prior to starting Miles Franklin, Ltd. in 1989, Andrew became a Licensed Financial Planner, specializing in Swiss Franc Investments and alternative investments. At Miles Franklin Ltd., a company that has eclipsed $5 billion in sales, Andrew has developed an operation that maintains trust, collaboration, and ethical behavior, superior customer service and satisfaction to better serve their clients. He is responsible for overseeing the firm’s operations and business functions; including strategy and planning, account management, finance, and new business.