Preview Mode Links will not work in preview mode

Kerry Lutz's--Financial Survival Network

Nov 3, 2021

It seems as if inflation is not quite as transitory as the media has portrayed. I sit down and chat with Andy Schectman about this ongoing phenomenon, which seems to be solidifying more and more as time passes. While CPI seems somewhat normal, things like commodity prices and house prices aren’t factored into this number. Tune in to hear Schectman and myself breakdown the inflationary situation that is definitely structural, and to hear about the wide-reaching implications of this matter

-Inflation is not so transitory
-The largest social security increase in decades is coming
-Companies are paying higher hourly wages and offering sign-on bonuses
-Prices are going up, house prices are going up, but these numbers aren’t factored into the CPI
-The media doesn’t do a good job of telling the truth
-This inflation is definitely structural
-Until you get a change in policy and the government is willing to make difficult decisions, this will be with us for the foreseeable future
-As money depreciates, it never has as much value as when you first had it
-The US leaving Afghanistan had a major impact on OPEC—they’re being protected by Russia and opened up oil to other currencies

Useful Links
Financial Survival Network
Miles Franklin
Silver Supply Could Vanish Overnight with Andy Schectman
Silver Bullion Will Disappear – “People Are Waking Up” with Andy Schectman