Minerd Warns Inflation May Come Back Faster Than Expected

preview_player
Показать описание
Sep.16 -- Scott Minerd, Guggenheim Global chief investment officer, says current Federal Reserve monetary policy will lead to higher asset prices and lower Treasury bond yields. He speaks with Bloomberg's Tom Keene, Caroline Hyde, Mike McKee and Scarlet Fu on "Bloomberg Markets."
Рекомендации по теме
Комментарии
Автор

Rich people do not notice inflation the way poor people do. For example, a coffee and croissant goes from say seven dollars to eight dollars. In both cases a rich person might pay with a $10 bill and say keep the change. That persons cost does not change even though the transaction went up 14+%. Now the barista experiences the transaction entirely differently. The tip went from $300 to %2.00. A 33% decline. Instead of taking home say $90 in tips she is taking home $60. Instead of say $540 per week it $360 per week. The rich person says there is no inflation. The poor person experiences a decrease in income due to inflation plus the full 14% cost increase. Before someone writes $540 per week is not poverty, There is no major city in the country where a clean well maintained one bedroom unsubsidized apartment can be rented for that amount per month. And at $720 or two weeks tips after inflation, , one will be lucky to find an apartment at that price. Also, it is not uncommon for coffee to go from $3.49 to $3.99 and the same can be said of cinnamon rolls muffins and the like. At a food truck I visited today a sandwich fries and soft drink was $14.50.

mawavoy
Автор

WTF is this guy talking about? Get with the program. We are in an asset inflationary cycle. Deal with it, dont fight it

alexilchenko
Автор

Who cares about debt. WWII debt hasn't been paid and never will be, and the country has been growing since.
The longer we wait, the cheaper that debt becomes due to inflation.

I bought Amazon, Apple, Nvidia, Zoom, Facebook, Microsoft, Google, Wells Fargo, Netflix

mrpmj
Автор

Sorry.
Nobody cares

The Congress is about to pass another stimulus which the country NEEDS!

This guy is missing the entire picture. If we have no 2nd stimilus then we will go into a great depression.

Inflation and debt is the LEAST of our worries right now.

Selfish old man😂😂😂

BrandonClark-StocksPassports
Автор

Deflation it is. Dolla bulls wya. Minerd also shorted 2885 gettin' rusty

RealTipProductions