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Pandemic Helicopter Money Exports Inflation

Governments across the world are rolling out stimulus packages to businesses and households amid the containment measures to stem the COVID-19 pandemic. For Daniel Lacalle, a PhD economist with the investment firm Tressis and a classical-liberal intellectual in Spain, the race toward global monetary expansion is futile and will only make citizens poorer. He argues the United States and the European Union are siphoning off savings from developing countries through the US dollar and the euro, thereby exporting inflation. FREE: Get Brien Lundin’s Top Two Mining Stocks! In our weekly segment with the Discovery Group, we interview Stephen Swatton, president and CEO of K2 Gold Corporation (TSX-V: KTO). He explains the enormous potential of the firm’s gold project in California. Show notes:

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