US DOLLAR COLLAPSE: Inflation is one sympton of too much money printing. One more: America's economy has been flirting with the dollar's collapse, moving dangerously close with runaway spending.
On this episode two distinguished experts, NATHAN LEWIS and DICK BOVE, lay out the case for the control of profligate spending and the easy money policies of the US Federal Reserve. This spending, in the form of trillions of dollars in "quantitative easing" by the Fed and massive stimulus programs and outlays by the government, has fueled runaway inflation. It also risks the collapse of the US dollar. NATHAN LEWIS, an internationally renowned expert on money and taxes, is the co-author of the Inflation: What It Is, Why It’s Bad, and How to Fix It. The book explains what’s behind the worst inflationary storm in more than forty years—one that is dominating the headlines and shaking Americans by their pocketbooks. The cost-of-living explosion since the COVID pandemic has raised alarms about a possible return of a 1970’s-style “Great Inflation.” Some observers even fear a descent into the kind of Weimar-style hyperinflation that has torn apart so many nations. Is this true? If so, what should be done? How should we prepare for the future? According to the publisher Inflation answers these and other questions in an engaging discussion that draws on the singular expertise of Steve Forbes, chairman of Forbes Media, acclaimed for his insights on money and the economy; Nathan Lewis, internationally renowned expert on money and taxation; and author and journalist Elizabeth Ames. Website: www.amazon.com/Inflation-What-Why-Its-Bad/dp/1641772433 DICK BOVE is the chief strategist at Odeon Capital Group and covers the bank sector. He is among the most prominent bank industry analysts in the US, often controversial, with a keen and practical sense of history and of events that are often translated into his analysis. Bove attended Stuyvesant High, N.Y., and is a graduate of Columbia University, 1962, majoring in political science. BOVE began his career in 1965, working for a series of firms including Wertheim, Shearson, Raymond James, Hoefer & Arnett and Punk Ziegel, before it was purchased by Ladenburg Thalmann. Later, Bove joined Rochdale Securities and then eventually moved to Odeon Capital. A widely quoted analyst with some five decades of experience behind him, Bove relies on common sense and macroeconomic trends to forecast markets. He appears regularly on business shows on TV and radio, and is frequently cited in media coverage of Wall Street. On the popular weekly ODEON CAPITAL CONVERSATIONS with MAT VAN ALSTYNE, BOVE provides in-depth analysis and commentary on many of the big market and global trends of our times. ODEON CAPITAL CONVERSATIONS is hosted by JOHN AIDAN BYRNE. Bove is the author of Guardians of Prosperity: Why America Needs Big Banks (December 26, 2013) Website: https://www.odeoncap.com/ --- Support this podcast: https://podcasters.spotify.com/pod/show/john-aidan-byrne0/support