Liberty and Finance: Tsunami of Homes about to Flood the Markets

In a recent appearance on Liberty and Finance, economist Michael Pento delivered a stark warning about the detrimental role central banks, particularly the Federal Reserve, are playing in fueling inflation and ballooning government debt. Pento argues that the Fed’s policies, driven by the government’s insatiable spending habits, are not only exacerbating current economic woes but are also setting the stage for a significant crisis. Pento’s core argument revolves around the idea that central banks, through their policies of expanding the money supply, are essentially enabling unsustainable government spending. He contends that the Fed’s practice of monetizing debt – essentially buying…