Former White House Budget Director’s Dire Warning on the Economy
INTERVIEW ON THE PRICE OF BUSINESS SHOW, MEDIA PARTNER OF THIS SITE.
Recently Kevin Price, Host of the nationally syndicated Price of Business Show, interviewed former Office of Management and Budget Director David Stockman about his latest book.
According to a statement, “Recently Americans are facing sticker shock at every turn: from the gas pump to the grocery store and every kind of consumer service. But the eye-popping price increases are just the tip of the iceberg in terms of the threat to the country’s economic recovery. Inflation showers windfalls on the rich while penalizing workers, savers, retirees, small businesses, and most of Main Street economic life.
“New York Times bestselling author and former investment manager David A. Stockman, who served as director of the Office of Management and Budget under President Reagan, explains the roots of today’s runaway inflation so investors at all levels can calibrate their financial strategies to survive and thrive despite economic uncertainty.
“The Great Money Bubble covers the entire economic landscape, including:
• Why the rising price of assets is far more dangerous than rising consumer prices
• The inside story on stock market manipulations and the effects of ultracheap debt
• Why real estate is no longer a guaranteed inflationary hedge
• Stockman’s four-step strategy to protect your savings and portfolio
“After spearheading the economic policy for the Reagan Revolution, Stockman worked on Wall Street at the highest levels, and is now an adviser to professional investors. With this book, readers at all investment levels can have access to his groundbreaking financial advice.”
Kevin Price, host of the Price of Business says Stockman’s book is must reading! The Great Money Bubble: Protect Yourself from the Coming Inflation Storm.
BIO: David A. Stockman, author of The Great Money Bubble: Protect Yourself from the Coming Inflation Storm, is the ultimate Washington insider turned iconoclast. He began his career in Washington as a young man and quickly rose through the ranks of the Republican Party to become the Director of the Office of Management and Budget under President Ronald Reagan. After leaving the White House, Stockman had a 20-year career on Wall Street.
Stockman is the author of numerous New York Times bestselling books and also provides private research and analysis to professional investors and firms globally through “David Stockman’s Contra Corner,” his subscriber advisory relating to investing, global economics, and public policy.
Stockman was born in Ft. Hood, Texas. He received his B.A. from Michigan State University and pursued graduate studies at Harvard Divinity School. He lives with his wife Jennifer Blei Stockman, and they have two daughters, Rachel and Victoria.
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LISTEN TO THE INTERVIEW IN ITS ENTIRETY HERE:
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