We have said for many years that the easy money policies of recent years end in inflation followed by deflation, or deflation. This week's guest on Retirement Lifestyle Advocates radio, Mr. Kerry Lutz, echoed that idea in his conversation with your host, Dennis Tubbergen. In response, Lutz sees that in an inflationary environment, the price and purchasing of gold go higher, and in a deflationary environment, the price of gold goes lower, but the purchasing power goes much higher. You’ll want to hear the whole conversation as they also discuss the stock market, real estate, and much more.
Kerry Lutz has been a student of Austrian Economics since 1977. While attending Pace University, he stumbled upon an extensive cache of Austrian Economic Literature in a dark, musty, abandoned section of the school’s library. After graduating from The New York Law School, he became an attorney and lifelong serial entrepreneur. In 2010, Kerry gave up most of his other interests to pursue his desire of becoming a radio show host and founded the Financial Survival Network, whose mission is to help you prosper and thrive in the New Economy.
To learn more about Kerry Lutz and subscribe to his free newsletter, please visit http://kerrylutz.com or https://www.financialsurvivalnetwork.com.