Can the Fed get us out of the mess they got us into? -Octavio Marenzi #5380

Summary: Can the Fed get us out of the mess they got us into? Here to speak on this is Octavio Marenzi, who thinks that we’re in for a rough ride in 2022; this will probably entail a stock market crash, and the Fed pouring money back into the market to save it. Wage and price controls will not necessarily be feasible in these circumstances, and it is difficult to predict exactly what is to come; we all become spectators in this situation. Tune in to hear more considerations about the future of inflation and how to prepare yourself.

Highlights: -Can the Fed get us out of the mess they got us into? -Marenzi thinks that the Fed will carry on doing what they’re doing until the market crashes, and start to pour money back into the market—it will be a very rough ride in 2022 -We will probably start to see a correction in 3-4 months -The Biden administration is worried about inflation, and they are wary of industries hiking up prices. Inflation is going to be a huge political issue for them in 2022 -Inflation finds its way around price controls—people find other ways to trade -The Fed will probably take the easiest past rather than the most effective one -Price/wage controls won’t be very effective -Nixon pointed out that we want to use problems to our political advantage—not necessarily solve them -It’s smart to hold a larger cash balance at the moment, but this is still a risky strategy -This monetary policy turns us all into speculators

Useful Links: Financial Survival Network Opimas The First Thing We Do is Jail All the Speculators with Octavio Marenzi This Ain’t Your Father’s Vietnam with Octavio Marenzi