Inflation: Most Brutal Form Of Taxation | Michael Pento
We're seeing manifestations of a slowing economy, says portfolio manager Michael Pento. And the banking issues are far from over. He expects stagflation in the months to come. "Inflation is a tax," he notes, pointing out that it disproportionately affects the poor and middle class. He details how to prepare for the times ahead. Find Pento online: https://pentoport.com
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INTERVIEW TIMELINE:
0:00 Intro
1:50 Slowing economy
11:13 Bank bailouts
15:28 Stagflation
18:05 Bank failures
22:59 Pento Portfolio Strategies
28:15 Inflation tax
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