281: Former Fed President Warns Easy Money Will Bring Big Consequences for Investors w/ Tom Hoenig
BiggerPockets Money Podcast
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Is That What You're in For?
Merrill Lynch: The best thing that the fed can do is say, ye, that's what you're in for, guys. And we're goin to hold statusset steadfast to that. If if people become convinced they are going to do this, and you saidaa, higher inflation, no higher interest rates, and hopefully you see inflation come down steadily,. depending on how convinced people are. It'll take us ten, 15 years, or how it takes to get us into a comfortable spot there. He says investors should leave their money in an asset whose value increases with inflation. But he advises tying fixed-income assets such as pensions to index funds which don't generate
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