Jan 12, 2022
Summary:
Can the Fed get us out of the mess they got us into? Here to speak
on this is Octavio Marenzi, who thinks that we’re in for a rough
ride in 2022; this will probably entail a stock market crash, and
the Fed pouring money back into the market to save it. Wage and
price controls will not necessarily be feasible in these
circumstances, and it is difficult to predict exactly what is to
come; we all become spectators in this situation. Tune in to hear
more considerations about the future of inflation and how to
prepare yourself.
Highlights:
-Can the Fed get us out of the mess they got us into?
-Marenzi thinks that the Fed will carry on doing what they’re doing
until the market crashes, and start to pour money back into the
market—it will be a very rough ride in 2022
-We will probably start to see a correction in 3-4 months
-The Biden administration is worried about inflation, and they are
wary of industries hiking up prices. Inflation is going to be a
huge political issue for them in 2022
-Inflation finds its way around price controls—people find other
ways to trade
-The Fed will probably take the easiest past rather than the most
effective one
-Price/wage controls won’t be very effective
-Nixon pointed out that we want to use problems to our political
advantage—not necessarily solve them
-It’s smart to hold a larger cash balance at the moment, but this
is still a risky strategy
-This monetary policy turns us all into speculators
Useful Links:
Financial Survival Network
Opimas
The First Thing We Do is Jail All
the Speculators with Octavio Marenzi
This Ain’t Your Father’s Vietnam
with Octavio Marenzi