Brace for Impact: The Coming Pressures of Inflation
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Summary
The signs are clear: inflation isn’t just on the way, it’s already here. That’s what economic experts Antony Davies and James R. Harrigan say in this episode, the first of two on inflation, U.S. debt, and the nation’s economy. Given rising prices, Federal Reserve actions, supply chain shortages, and labor force impacts, how can business owners like you buffer against the bumpy road ahead?
Topics Include:
2:11 - The misinformation around inflation
6:07 - Modern Monetary Theory (MMT)
12:05 - Why more gov’t money spurs inflation
14:30 - Supply chain shortages and price jumps
16:57 – Are CPI increases tied to extra unemployment benefits?
20:09 - Shortages in labor, and on shelves
22:40 - Borrowing in the face of inflation
27:06 - Is inflation ever "good?"
Could long-term debt be a tool you leverage to grow your business? Learn more with our article: "Long-Term Debt: A Tool to Expand your Business."
Got an idea for a topic or guests for the show? Submit your suggestions at:
http://payx.me/thrivetopics.
Listen in to the Words & Numbers podcast by Antony and James at www.patreon.com/wordsandnumbers.