Host Dennis McCuistion is joined by John Mauldin, host of Thoughts from the Frontline, a financial podcast.
The focus:
What is inflation? What caused it? Where are we right now in the inflation cycle, and where are we going? We discuss our present and future interest rates and how our interest rates and inflation impact our economy. The key question is how our current issues with inflation will impact the consumer and our buying power.
According to Mauldin, the economy in 2019 was already indicating we could be headed for a recession. COVID-19 turned everything upside down. Congress put a lot of money into the economy to help avert a worse financial disaster.
We were in a crisis. The question addressed is what direction we take now. Are we headed for a financial meltdown?
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