Summary: About This Week’s Show: -Gold is money and therefore increases it’s buying power during a deflation (contrary to popular belief) -Question: How can the economy ever recover if the Fed stops injecting it with new stimulus? Answer: If left to the natural business cycle, the PRICE of all things adjusts to a lower equilibrium which prompts spending once again -Why does the Fed want us to fear deflation and to “fight it at all costs” when some of the most productive era’s in history have been during deflationary periods?
