Matthew Spositi is an aspiring trader, Austrian Economic enthusiast, entrepreneur, avid reader and writer, and founder of New Millennium Wealth. His goal is to help individuals get out of the rat race and become financially free, by showing you every step of his journey, and by sharing all of the knowledge he has accumulated about trading, investing, markets, and economics over the past 4 years.
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Matthew Spositi is an aspiring trader, Austrian Economic enthusiast, entrepreneur, avid reader and writer, and founder of New Millennium Wealth. His goal is to help individuals get out of the rat race and become financially free, by showing you every step of his journey, and by sharing all of the knowledge he has accumulated about trading, investing, markets, and economics over the past 4 years.
Ep. 89: Was The Big Short's Michael Burry Wrong About Hyperinflation?
The Matthew Spositi Program
58 minutes 31 seconds
4 years ago
Ep. 89: Was The Big Short's Michael Burry Wrong About Hyperinflation?
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.
The Matthew Spositi Program
Matthew Spositi is an aspiring trader, Austrian Economic enthusiast, entrepreneur, avid reader and writer, and founder of New Millennium Wealth. His goal is to help individuals get out of the rat race and become financially free, by showing you every step of his journey, and by sharing all of the knowledge he has accumulated about trading, investing, markets, and economics over the past 4 years.
