Understanding Stagflation with Economist Ben Stein | Ep 150 | The Simple Life with Gary Collins

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Today, I have a great friend and fighter for individual freedom, Mr. Ben Stein. I wanted to mix it up a little bit and record a short QA with someone who is an expert in the topic I'm covering. You know me never groundhog day, and I will be doing more of these in the future. Yes, it is a shorty, but jam-packed with valuable information on inflation and personal finances.

Remember, the second leg of the Three-Legged Stool of The Simple Life is Financial Freedom. I don't just cover this to fill space; shoring up and running your finances like a pro is a huge part of living the life you want.

Ben Stein is the most famous economics teacher in America. His comedic role as the droning economics teacher in "Ferris Bueller's Day Off" is by far the most widely viewed scene of economics teaching in economics history and has been ranked as one of the fifty most famous scenes in movie history.

Topics Discussed:

* What is Stagflation.
* Where did the term Stagflation come from.
* What is the difference between Inflation and Stagflation
* How does it affect the economy
* How you can hedge against Stagflation
* Ben gives you some advice and where to park your money
* What you can do about Stagflation

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