Liberty and Finance, Released on 7/14/22 (Recorded on 7/7/22)
The last time the U.S. was facing an inflation crisis like it is now, U.S. national debt to GDP was around 30%. Now, debt/GDP is 130%. The Fed will not be able to raise rates to tame inflation this time because the interest payments on the debt would skyrocket. The Fed will have to reverse course, says Brien Lundin, editor of Gold Newsletter and CEO of the New Orleans Investment Conference.
0:00 Intro
1:30 Inflation crisis
8:36 Where are we headed
11:22 Resource bull market
15:14 Rule Symposium
16:21 Miles Franklin
Brien Lundin serves as president and CEO of Jefferson Financial, Inc., a highly regarded producer of investment-oriented events and publisher of investment newsletters and special reports. Under the Jefferson Financial umbrella, Mr. Lundin serves as publisher and editor of Gold Newsletter, the publication that has been the cornerstone of precious metals advisories since 1971, and as the host of the annual New Orleans Investment Conference, the oldest and most respected investment event of its kind. In addition to his responsibilities with Jefferson Financial, Mr. Lundin is an active investor and speculator in the mining and technology sectors.