Matthew Spositi is an aspiring trader, Austrian Economic enthusiast, entrepreneur, and founder of New Millennium Wealth. My goal is to help individuals get out of the rat race and become financially free, by showing you every step of my journey, and by sharing all of the knowledge I have accumulated about trading, investing, markets, and economics over the past 5 years.
Episodes
Monday Mar 29, 2021
Monday Mar 29, 2021
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In episode 86 I talked about Michael Burry and how he is predicting hyperinflation due to the money creation, i.e. inflation, that has been going on recently, and all the “pent-up demand” that the lockdowns created.
However, is Michael Burry correct? Are there other theories out there?
Well as it turns out there are, and one of those theories is that there isn’t any pent-up demand, and that all the “pent-up” consumption has already happened.
So, in today’s episode I talk about this other theory, as well as, the coming tax hikes that are coming down the line.
Today's Article Links:
https://www.zerohedge.com/markets/todays-stock-market-casino-powered-easy-money-and-boredom
https://wolfstreet.com/2021/02/26/just-dont-expect-pent-up-demand-from-consumers-heres-why/
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