The Great Depression of the 1930s was a Supercycle wave four down. So, this is a level higher or worse than that, and that’s what’s just starting. It’ll probably last at least 10 years, maybe more, and it’s going to do a lot of damage and probably change the way we see the world. That’s not to scare everyone, but according to our guest this week on Retirement Lifestyle Advocates radio, technical analyst Dr. Robert McHugh, you can hope for the best, but best to plan for the worst. Your host, Dennis Tubbergen also talks with Dr. McHugh about his thoughts on the Fed, banks, and the real estate markets.
Robert McHugh, Ph.D. is President and Chief Executive Officer of Main Line Investors, Inc., and the proprietor of the Technical Indicator Index. He has testified before the U.S. Congress on Federal Reserve matters and is the author of “The Coming Economic Ice Age, Five Critical Steps to Survive and Prosper”.
There are but two possible policy decisions that the Federal Reserve could make at this point and today we’ll explore the economic outcomes that will follow depending on which course of action the Fed would decide to follow. Join your host Dennis Tubbergen on this week’s Special Edition of Retirement Lifestyle Advocates radio where he looks at the prospects for these two options, why each one is a bad choice, and how you might protect your dreams of a secure, stress-free retirement.
Dennis Tubbergen has been working in the financial services industry for over thirty years. He is the CEO of PLP Advisors, a registered investment advisory company, and the host of Retirement Lifestyle Advocates radio. Dennis has authored numerous books for financial advisors and consumers, three of which have been #1 best-sellers on Amazon.
The Federal Reserve is not likely to return to Quantitative Easing, creating dollars that is because that will stoke hyperinflation. The problem with hyperinflation is that hyperinflation reliably destroys governments, and that means them. Our guest this week on Retirement Lifestyle Advocates makes a good argument on this topic in his conversation with your host Dennis Tubbergen. Deflation, on the other hand, gets a lot of people very angry and leads to a lot of upheaval, but it doesn’t typically take governments down.
Mr. Karl Denninger is an American technology businessman, finance blogger, author, and political activist, sometimes referred to as a founding member of the Tea Party movement. Mr. Denninger is the author of the book Leverage: How Cheap Money Will Destroy the World. In the book, Denninger presents an inside look at how moneyed and powerful interests debase the dollar through the willful and intentional failure to honestly represent short and long-term mathematical truths that underlie all economic systems.