The money supply is shrinking. For the first time since the early 70s, the FED is shrinking the US money supply; and it's going down pretty dramatically. Sometime in the next year, the government's going to be confronted with a dilemma: does it ramp up the money supply at the cost of possibly reigniting inflation and causing the instability that flows from rising inflation, or does it let a large number of entities fail and just hope for the best? Our guest this week, Mr. John Rubino, provides an excellent perspective on the US economy in his conversation with your host, Dennis Tubbergen, on Retirement Lifestyle Advocates radio.
John Rubino is founder of the financial website DollarCollapse.com. He is the co-author, with Gold Money’s James Turk, of The Money Bubble, and The Collapse of the Dollar and How to Profit from It, and author of Clean Money: Picking Winners in the Green-Tech Boom. After earning a Finance MBA from New York University, he spent the 1980s on Wall Street, as a money market trader, equity analyst, and junk bond analyst. During the 1990s he was a featured columnist with TheStreet.com and a frequent contributor to Individual Investor, Online Investor, and Consumers Digest, and his own column on Substack.com.
To learn more about our guest, John Rubino, visit https://rubino.substack.com or check out his book “The Money Bubble” at https://amzn.to/2YOIe5z.