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Inflation, Retirement, and the Fourth Turning
FF: Inflation, Retirement, and the Fourth Turning The start of the Federal Reserve was around the same time as we changed how we vote for our legislators and started the income tax. We talk about how this changed things here in the U.S. Too much warfare and welfare caused the dollar to reach a crisis moment in 1971. We talk about the upcoming Fed chair, Kevin Warsh, and his viewpoints on inflation. We talk about Social Security, socialized medicine, retirement, and inflation. We also cover how you can know what consumer price inflation will be by looking at the money growth rate in a country…
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