Purchasing power of the U.S. Dollar continues to erode! That statement probably isn’t surprising to most. What may be surprising to some is that the official inflation rate, or better stated, the official measure of the loss in U.S. dollar purchasing power has been significantly understated. On the Retirement Lifestyle Radio program this week, your host Dennis Tubbergen discusses this and the outlook for investors with returning guest, Dr. A Gary Shilling. Earlier this year Dr. Shilling predicted a surge in the yield on U.S. Treasuries…he was certainly spot-on in that prediction.
Dr. A. Gary Shilling is an American financial analyst and commentator who appears on a regular basis in publications such as Forbes magazine, The New York Times and The Wall Street Journal. He is also the author of the monthly newsletter INSIGHT, and the book “The Age of Deleveraging”.