Doug Casey’s Take: Inflation OR Deflation? How to Prepare…
Doug Casey’s Take, Released on 11/18/20
In today’s episode, we tackle an esoteric topic but one that has the most real world impact on your life today than just about anything else – inflation vs. deflation.
Doug lays out the differences, what causes them and what is likely to happen as the Greater Depression kicks into high gear.
Doug Casey
As the virus’s rapid spread accelerated in March, President Trump and a number of state and local leaders put forth restrictions that led businesses to suddenly shut down and shed millions of workers. Many businesses and households also canceled all travel plans. Analysts warn it could take years to return to the 3.5 percent unemployment rate the nation recorded in February, in part because it is unclear what the post-pandemic economy will look like, even if scientists make progress on a vaccine.
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