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The Wealth Standard Podcast - Challenging the Economics, Finance, and Wealth Building Status Quo

Apr 1, 2021

The two biggest things that drive the economy are credit growth and liquidity. And because of the COVID-19 pandemic, the United States market has now shifted to a different scale, mainly in terms of inflation. Richard Duncan returns on the show with Patrick Donohoe to discuss the current status of the US economy that is hugely impacted by the decisions of the Fed and the current activities within the stock market. They also talk about how the country can avoid over-inflation without raising taxes, thus saving everyone from financial pressure. Richard also explains how the United States is falling behind China in the technological innovation race and how this may spell doom to every American if the government does not put proper funding into research and development.

 

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