This episode is the second of a two-part series featuring Alastair MacDonald, a private advisor and expert in economic, social, market, and financial forecasting. (If you missed last week, be sure to go back and listen to part 1.) This week we continue the conversation by diving into inflation vs. deflation and which route we are more likely to go down—and what to do to prepare.

Listen in as Alastair shares his own experiences with inflation in Zimbabwe and discusses how he believes it will likely play out in the U.S. He shares how a credit-based system works, what conditions might signal a loss of reserve currency, and the importance of paying attention to the actions of people in order to better understand the state of things. You will hear Alastair’s best insight on the opportunities that may be coming up and what you should be doing in your practice now to be prepared for those opportunities.

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Minute Markers:

  • 3:35 – How long can the fed keep kicking the can down the road?
  • 8:42 – What people do when they’re in trouble—and the implications of a rush on gold.
  • 11:25 – What the Federal Reserve is afraid of.
  • 18:10 – What those who own practices should be doing and the opportunities available.
  • 23:07 – What should be done from an investment standpoint.
  • 34:28 – Thoughts on the election and how the country will take to one way or the other.
  • 37:45 – Advice on selling your practice at this time.

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