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Longtime Deflationist Now Fears Inflation More | Lacy Hunt
For years, Lacy Hunt, one of the greatest living economists, has feared deflation would pull the economy into a prolonged morass of stagnation.
But now, the forces in play have shifted tectonically.A new secular era has begun. One of rising inflation.
And Lacy doesn't see it ending for years.
He has shifted his conclusions. He now warns that inflation is the greater risk to the economy.
What exactly will that mean?
And what consequences will it have for both households and investors?
To find out, watch this video.
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