Turning Hard Times Into Good Times

Ian Gordon and Larry Parks join your host to discuss a dispute raging among Austrian leaning economists who agree that the global economy is on a path toward disaster. The main issue for investors is how this global economic pathology will be resolved. Gordon firmly believes not only stock prices, but prices of virtually all goods and services, will collapse more severely than during the 1930s. Parks disagrees. He believes we are inevitably heading toward a hyper-inflationary depression, the main threat to financial, economic and civil order. The deflation/inflation issue is more than academic because whether you buy the deflation or hyper-inflation argument, this affects how you should best invest your money. Not only will Gordon and Parks provide their respective views on the inflation/deflation question but they will also tell us in general how you should invest and prepare for the future. Your host will also provide thoughts on his own favored investment prospects.