George Gammon: Inflation vs Deflation in 2020 During the Coronavirus Pandemic
- 3 years ago
George Gammon discusses whether we will see inflation vs deflation in 2020 during the COVID-19 pandemic. While online learning, remote work, and the cost of education are lowering, medical costs and travel costs, among others, are rising. Some things like college classes are becoming more accessible, while others such as air travel are growing more and more unobtainable.
Prices have gone up steadily from the year 2000 all the way until 2020. At the same time, when you compare the US dollar to other currencies, its value looks like a roller coaster. The consumer price index is always going up regardless of the US dollar’s value. Gammon states that like the ocean, there are multiple crosscurrents at play, affecting the economy from multiple different angles.
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Prices have gone up steadily from the year 2000 all the way until 2020. At the same time, when you compare the US dollar to other currencies, its value looks like a roller coaster. The consumer price index is always going up regardless of the US dollar’s value. Gammon states that like the ocean, there are multiple crosscurrents at play, affecting the economy from multiple different angles.
Grab a free training on pandemic investing: https://www.pandemicinvesting.com/turn-panic-into-profit
Learn More: https://www.jasonhartman.com/
Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!