Deflation As Economy Comes To A Halt | Michael Pento

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Disinflation is coming, says portfolio manager Michael Pento (https://pentoport.com), and even a short period of deflation is likely. Amid the economy coming to a halt, the Fed will have no other option than to inflate the currency supply. At that point, stagflation will become the new normal, he says. And stagflation - high inflation with a weak economy - is the best possibly environment for gold.