Luke Gromen: This Is How Hyperinflation Begins
Macro strategist Luke Gromen joins Alexej Jordanov to explain why both Fed rate hikes and rate cuts are now inflationary, why the US bond market, not the stock market, is the real bubble, and why he believes gold is headed to five figures. In this conversation, Luke breaks down the fiscal dominance trap facing the Fed, why $40 trillion in US debt makes rate hikes self-defeating, and why 53 out of 53 nations that hit 130% debt-to-GDP in the last 220 years have inflated away their debt with the US now joining that list. He unpacks his "bond singularity" thesis on how AI is accelerating a bond market crisis faster than any AI productivity boom can offset it, why industrial supply chains are already showing early signs of a hyperinflationary mindset ("I'd rather own copper than cash"), and why the dollar debasement trade in gold, silver, and Bitcoin is back on. 📲 Download the GoldRepublic app: - Google Play: https://play.google.com/store/apps/details?id=com.goldrepublic - Apple Store: https://apps.apple.com/nl/app/goldrepublic/id475643876 🟠 Buy and store physical allocated gold, silver and platinum. 👉 Open an account: https://bit.ly/38stf7p ⚠️ DISCLAIMER ⚠️ The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of any entities they represent. The information provided in this video statement is not an offer, investment advice, or financial service. It is also not intended to encourage you to buy or sell a product or to purchase a service from GoldRepublic, nor as a basis for an investment decision. A decision to invest in a GoldRepublic product can and may only be based on the information contained in a final prospectus and any Key Investor Information and other information about the product concerned (such as annual or semi-annual results). This information is available on the website (www.goldrepublic.com). If necessary, call in an advisor.