SUMMARY:
Discover how so-called experts fail to predict financial crises. Howard Adler, former U.S. Treasury official, joins Andy to discuss how the next financial boom-and-bust cycle is growing, and how you can prepare for it.
SHOW NOTES:
4:57: How Does The U.S. Treasury Justify Its Response To Covid?
12:42: How Does Each Financial Crisis Result In Expanded Government Powers?
16:40: How Is The Fed Likely Handcuffed To Fix Inflation?
18:55: How Does The Fed Create Bubbles?
24:40: Where Does The Economy Currently Stand In The Covid Bubble?
29:00: How Does Fed Policy Put The U.S. Dollar At Risk?
37:31: What Risk Does The Reverse Repo Market Present?
42:47: Is It Likely That The Government Would Bail Out 401(k)s?