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Peter Schiff | How a Democratic Washington Will Tax You with Inflation
With US debt levels set to rocket into the stratosphere, many investors have failed to understand how the new reality will impact their portfolios. Whether the red ink flows from the latest Covid relief packages or the bevy of economically moronic ideas coming from the new Democrat administration in Washington, annual Federal deficits will remain in the multi-trillion range for the foreseeable future. Almost all of the shortfalls will likely be monetized by the printing presses of the Federal Reserve. Unlike the past, no one now expects the Fed will ever turn the spigots off. After a decade of dollar strength powering US stocks, the momentum may soon reverse. Investments denominated in foreign currencies are poised to dominate. Peter Schiff explains where the opportunities can be found.
@Peter Schiff
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Founded in 1981, MoneyShow is a privately held financial media company headquartered in Sarasota, Florida. As a global network of investing and trading education, MoneyShow presents an extensive agenda of live and online events that attract over 75,000 investors, traders and financial advisors around the world. We are proud to bring together individuals, top market experts, analysts and media in dynamic, face-to-face and online learning forums that include highly acclaimed investment shows, conferences, and cruises.
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#PeterSchiff#InvestSmarter#2021Economy
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