The Government is likely going to be printing more money, thanks to the so-called “Inflation Reduction Act.” So, what kind of impact will that have on the economy? Inflation is just too much money-chasing and too few goods. Why are there too few goods? Is it because we have supply chain issues that are a result of the COVID policies instituted globally? Or is it because we’ve put in too much money and have created demand? It’s probably both at this point, but, as you look around the corner, it’s clear that demand is starting to fall and will continue to fall.
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.