In Terry’s recent interview with AVL host, Steve Gruber, Sawchuk says that “Calling the new spending bill, the ‘Inflation Reduction Act’ is like calling cigarettes ‘cancer prevention sticks.'”
Inflation is here because we spent $6-$7 trillion in monetary and fiscal stimulus. The cost of natural gas in Europe is now 10 times more than one year ago and Inflation will likely get worse as the weather gets colder.
Terry also touches on the Climate Crisis saying that “There is no climate crisis – it’s manufactured.” He explains that we need populist candidates that want to shrink the government and bureaucracy. If we were serious about reducing our carbon footprint, we would be more aggressive with China which is the world’s biggest polluter.
Click here to watch the entire interview.
Any information discussed in this article is for educational purposes only. It is not meant to be any kind of recommendation or financial advice. The information contained in this video is intended for informational purposes only. Any opinions are those of Terry Sawchuk and not necessarily those of JW Cole Financial, Inc. or JW Cole Advisors, Inc.
Securities offered through J.W. Cole Financial, Inc. (JWC) Member FINRA/SIPC. Advisory services offered through J.W. Cole Advisors, Inc. (JWCA). Sawchuk Wealth and JWC/JWCA are unaffiliated entities.