Print More or Default - Robert Kientz #5367

Print More or Default - Robert Kientz #5367

By Kerry Lutz

Summary: To reflect on this past year and think about the future ahead, I have Robert Kientz on the show to discuss what’s happening and where we’re going from an economic standpoint. There’s few ideas about what the long-term consequences of inflation should be, but regardless of the persisting global health issues, we have been headed down this road for quite some time. There are a number of things to expect whether the health crisis gets resolved or not—tune in to hear more. Highlights: -Robert Kientz comes on the show to wrap up the year in terms of what’s happening and where we’re going -The global health issues seem to be reaching a crescendo -Many fiscal, budget, and spending limits have been removed -There’s no thought anymore for what the long-term consequences should be, especially around inflation -Only 50% of millennial that attend universities find jobs in their fields -We have also started to ask where income really comes from -Even though the pandemic largely affected the economic situation, we were already headed there anyways -The Fed will have to choose between the beginning of the debt collapse or printing more -You can protect yourself by not getting into too much debt and having assets -If we move up one more percentage point, we will probably experience a big crash -There are some winners in Bitcoin and the stock market, but most people aren’t winning Useful Links: Financial Survival Network GoldSilver Pros GoldSilver Pros Youtube Rob Kientz Twitter
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