Are We On The Path To Hyperinflation? | James Turk

WATCH James' bonus answer to the question "If more inflation is expected, should we load up on debt to buy assets?" at https://wealthion.com/turk

With the recent dramatic expansion of world currency supply and high inflation now eating away at the purchasing power of our money, is hyperinflation – true currency destruction – a possible risk in the future?

The world’s major central banks have increased the global currency supply by nearly 50% since the pandemic hit less than 2 years ago.

Add in the additional trillions of dollars worth of fiscal stimulus issued recently by national legislatures around the world, and it's little surprise that price inflation is now raging.

In short, our currency is losing its purchasing power at an alarming rate.

So in this video, we talk with sound money advocate James Turk, the founder of GoldMoney, to understand exactly what's going on.

How much worse is this loss of purchasing power likely to get? What can history tell us to expect from here?

At Wealthion, we show you how to protect and build your wealth by learning from the world’s top experts on finance and money. Each week we add new videos that provide you with access to the foremost specialists in investing, economics, the stock market, real estate and personal finance.

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There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?

Let us help you prepare your portfolio just in case the future brings one or more of the following: inflation, deflation, a bull market, a bear market, a market correction, a stock market crash, a real estate bubble, a real estate crash, an economic boom, a recession, a depression, or another global financial crisis.

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IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.