The prices of the things we need to live — food, fuel, housing…pretty much EVERYTHING have suddenly exploded higher this year. After decades of relative price stability, are we about to see the return of crushing inflation like we suffered through in the 1970s? We invited Lacy Hunt, one of the world’s top experts on the inflation/deflation debate to speak at the recent Wealthion conference held in early June. He made a very compelling argument why the spike we’re seeing in inflation today will likely be short-lived, and that deflation remains the bigger threat.
Watch more interviews like this on the RTD blog here: