American Monetary Association

AMA 37 - Debt Ceiling Increase Means Profit for Investors!

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Sinopsis

Jason Hartman talks with Daniel Amerman about the likely results of the recent multi-trillion dollar increase in the debt limit. Dan is a Chartered Financial Analyst with MBA and BSBA degrees in finance.  More at: http://jasonhartman.com/radioshows/. He is a financial author and speaker with over 25 years of professional experience.   Years of studying the costs of paying for over $100 trillion of US government retirement promises, as well as the costs of cashing out an expected $44 trillion of Boomer pensions and retirement accounts, have convinced him that too many promises and too much paper wealth chasing too few real resources will likely lead to substantial inflation in the years ahead, with potentially devastating implications for many savers and investors.  A problem that will also apply to many other nations. Mr. Amerman spent much of the 1980s as an investment banker helping Savings & Loans and others try to survive the effects of the last major bout of inflation in the United States.  There is