Will Inflation Crash the U.S. Economy? 12/28/21
Amala Ekpunobi
Amala Ekpunobi
4.2 • 2.7K Ratings
🗓️ 29 December 2021
⏱️ 47 minutes
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| 0:00.0 | We'll wait here. Glad to be here for Willan on live today is December 28th, Tuesday, 2021. |
| 0:05.6 | The year is almost out. So I hope you guys are thinking about New Year's resolutions. |
| 0:09.8 | If you guys are into that, I am not a New Year's resolution type of person. |
| 0:13.0 | But one of my New Year's resolutions, if I were to make one, is to invest my money wisely. |
| 0:18.4 | Today, we are talking about the US economy, which in turn is essentially the world economy, |
| 0:22.4 | because the dollar is the apparently strongest thing that we have within this economy. |
| 0:26.6 | And so I'm going to be discussing today kind of like my rent yesterday about COVID, |
| 0:30.4 | Omicron, and what's happening there? |
| 0:32.7 | We are going to be discussing the US economy. |
| 0:34.7 | Before I get into that, guys, please, at the end of the show, I'm going to be answering your guys |
| 0:38.8 | questions about what I'm talking about today or general questions, whatever it is. |
| 0:43.5 | I want to hear from you guys. So please, let me know. |
| 0:46.8 | I'm an open book. So whatever you want to know, please drop it down below. |
| 0:49.9 | All right, let's talk about the US economy and what is happening because I know so many people |
| 0:54.2 | are worried about it right now. I'm sure that many of you guys have now come to realize that your |
| 0:58.4 | dollar is not worth the same that it used to be. |
| 1:02.3 | Okay. People think that prices of things are going up. |
| 1:05.3 | But what's actually happening is that the value of your dollar is going down. |
| 1:09.8 | That is an entirely different thing. |
| 1:11.6 | Okay. From 2008 to 2014, the Federal Reserve printed $3.5 billion of a 3.5 billion |
| 1:19.9 | Federal Reserve notes. Okay. |
| 1:21.8 | We're going to get into the Federal Reserve in a second. |
... |
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