Boomers vs. Millennials
Grant Williams is interviewed by Chris Martenson (two of our favourites) in a lengthy and complex discussion (which assumes you already have a fairly sophisticated understanding of economics and finance). It’s not for the average ‘Joe’, but if you’re concerned about protecting your retirement, it might just be for you.
The Fed has just increased its benchmark interest rate a measly .25% but before it’s over the ground will shake. The red meat of this interview will stand the test of time.
“None of this has been tried before and, to me, that just demonstrates the dangers. Once you get into a situation like the central banks did in ’08 with this panicking — everyone calls it the Hotel California — you can’t get out. And, so incrementally, they have to keep doing something. Instead of stepping back and letting free markets and business cycles and forces of nature have their way and flush out all of the impurities in the system, this is what happens.” Watch Interview here…
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