Michael Pento: The Fed is Stealing Your Retirement

Liberty and Finance, Released on 12/9/22 (Recorded on 12/6/22)

Inflation by design is legalized theft of your retirement. Central banks, in full collusion with governments, are draining the value from our savings, pension, Social Security, and retirement accounts, forcing people back into the workforce, and forcing retirement fund managers to take ever riskier bets to keep afloat, putting all our financial futures in peril. Active money manager Michael Pento, founder of Pento Portfolio Strategies, returns to Liberty and Finance to answer viewers questions on inflation, deflation, recession, and how to protect ourselves from the coming Great Recession.

Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the NYSE. He is the author of The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market.

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