I think the inflation prospects for the U.S. over the next five or six, seven years, are quite serious. You cannot have a bumper crop in apples without the value or the price of each apple falling. The Fed has had the largest increase in the monetary base in the history of the U.S., from colonial ti
“When I talk to people in need, they tell me they want to hope; they are eager for opportunity; they are ready for better days. And I can tell you that every time their hopes are disappointed, all nations lose.”