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The Difference Between High-Inflation and Hyper-Inflation [5/27/21]

Author
The Lance Roberts Show
Published
Thu 27 May 2021
Episode Link
https://traffic.libsyn.com/secure/lancerobertsshow/5-27-21_The_Difference_Between_High-Inflation__Hyper-Inflation_SEG-2_audio.mp3

Since the US Government took the Dollar off of the gold standard, we have relied upon the "full faith and credit" of the United States to back the value of a buck. That's a fiat currency. Currencies was and wane, and when Inflation is healthy, wages rise (and so will prices, too); but when confidence in the powers that be begins to founder, and the value of a currency comes into doubt, the result is hyper-inflation which is difficult to quash.  - Hosted by RIS Advisors Chief Investment Strategist Lance Roberts, CIO -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- REGISTER for our next Lunch & Learn on Long Term Care, June 24,2021: https://zoom.us/webinar/register/8016208387258/WN_swKrCtWJQ5KzeYUk-g8zTw ------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #TheRealInvestmentShow #LanceRoberts #RIAadvisors

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