This week, we are joined by Alastair J. Macdonald. He is an international analyst, forecaster, speaker, writer and investment consultant. He is the founder and editor of “The Parallax Report,” a subscription-based market, social and economic forecasting service for individual investors, and institutions.
Tune in as Alastair imparts profound wisdom on global economy, both past and present, as well as a forecast on the United States’ economy.
HIGHLIGHTS OF THE EPISODE
00:51 – Background of the guest
04:41 – How larger sets of data can give us a deeper perspective
10:31 – The nature of debt
19:39 – A foresight into the United States’ economic future
23:03 – The possibility of hyperinflation in the United States
25:05 – Bank reserves
“Debt is a taxation on future income.” – Alastair J Macdonald
“It is never the borrower than sets the terms. It is the borrower.” – Alastair J Macdonald
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