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Turning Hard Times into Good Times

Turning Hard Times into Good Times

Tuesday at 12 Noon Pacific

July 13th 2010:Deflation Now? Inflation Later? How Do We Cope?

Addison Wiggin, a proponent of Austrian Economics, will give us his view on how the current global economic pathology will play out. Debt is the raw material from which our fiat money is manufactured. With every new stimulus, debt grows much more rapidly than income. Thanks to massive printing press money since Nixon took us off the gold standard in 1971 capital has been invested poorly resulting in horrible returns even as debt has grown exponentially. Now, no matter how much stimulus is added to our economy, downward prices threaten a massive deflation. Are we facing a deflationary depressi

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Featured Guest

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Addison Wiggin

Addison Wiggin is the executive publisher of Agora Financial, LLC, a fiercely independent economic forecasting and financial research firm. He’s the creator and editorial director of Agora Financial’s daily 5 Min. Forecast, editorial director of Agora Financial’s flagship publication The Daily Reckoning, and co-writer and executive producer of the acclaimed film I.O.U.S.A. Wiggin is the founder of Agora Entertainment, exec. producer and co-writer of the documentary film I.O.U.S.A., nominated for the Grand Jury Prize at the 2008 Sundance Film Festival and the 2009 Critics Choice Award for Best Documentary Feature. It was also shortlisted for a 2009 Academy Award. He is the author of the c
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https://www.voiceamerica.com/show/1501/turning-hard-times-into-good-times 20/11/2017 05:00 20/11/2017 06:00 Turning Hard Times into Good Times https://www.voiceamerica.com/show/1501/turning-hard-times-into-good-times Addison Wiggin, a proponent of Austrian Economics, will give us his view on how the current global economic pathology will play out. Debt is the raw material from which our fiat money is manufactured. With every new stimulus, debt grows much more rapidly than income. Thanks to massive printing press money since Nixon took us off the gold standard in 1971 capital has been invested poorly resulting in horrible returns even as debt has grown exponentially. Now, no matter how much stimulus is added to our economy, downward prices threaten a massive deflation. Are we facing a deflationary depression? Or is it possible that trillions of dollars will be placed in the hands of the poor and middle classes triggering hyper inflation? What can consumers do to protect themselves under either scenario? What about the direction of the stock, bond, commodities and precious metals markets? For your financial survival, you can’t afford to miss the insights of Addison Wiggin. VoiceAmerica | Talk Radio | Online Talk Radio studio@voiceamerica.com false DD/MM/YYYY Add to Calendar
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