There are several answers as to what all of this means for consumers this year, but two lingering questions are: what will the Fed do? And will we experience the inflation of the 1970s?
Today’s guest gives his opinion on where the U.S. is headed in 2022. Macro-economic expert, and the best-selling author of “The New Great Depression,” Jim Rickards, says, “I would look for disinflation, not inflation, from 6-7% annualized down to 4%," due to incoming rate hikes expected from the Federal Reserve.
- Source, The Rich Dad Channel