David Morgan on Inflation, Interest Rates, and Economic Realities
It's what the value of the currency is and the value continues to go down. So I think I 've made my case for inflation. That money is and it should be determined in the market.
Feeling the pinch of rising prices? You're not alone. In this episode of 'American Medicine Today', David Morgan, the Chief Editor of the Morgan Report and co-author of 'Second Chance', dives into the hot topic of inflation and interest rates. Janet Yellen, President Biden’s Treasury Secretary, recently made headlines by suggesting that inflation and higher interest rates could benefit the country. Morgan, however, isn't convinced.
He argues that inflation erodes the value of our currency and can harm the overall economy. With a deep dive into the free market's role in determining the value of money, Morgan also sheds light on the buzz around precious metals as a safety net. Whether you're a financial novice or a seasoned investor, this episode promises to offer valuable insights into the economic forces shaping our world.