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Podcast: Kerry Lutz's--Financial Survival Network
Episode: $20 Billion a Week β What Could Go Wrong? - Michael Pento
Description: In this interview, Kerry Lutz speaks with Michael Pento about how liquidity may already be expanding by as much as $20 billion per week, quietly pushing the Federal Reserveβs balance sheet back toward $7 trillion β despite continued claims of tight policy.He warns that the next recession could bring massive deficits in the $4β6 trillion range, potentially forcing the Fed to become the primary buyer of U.S. debt once again. If that happens, inflation may not be accidental β it could be the result of outright monetization.Pento also points to historically extreme valuations in stocks and housing...