Comments by "Tom Golden" (@tomgolden1673) on "JPMorgan Chief Jamie Dimon issues another stark warning on US economy" video.

  1. The first round of inflation in the 1970's began in 1964 when President Johnson launched his military action in Vietnam that led Johnson to exhaust the United States gold reserves that miscalculation reverberated through the economy ,whatever reserves were left ,Nixon tried to save by taking the U.S. of the gold standard,gold began rising sharply from 32$ an ounce to 200$, then the second wave hit the oil embargo of the late 1970's during jimmy Carters presidency gold spiked to 700$ an ounce,inflation was running rampant,it took Reagan's presidency another 4 years to reign inflation in, There is another leg coming ,all of it brought on by Biden's miscalculations, biden launched inflation through a series of executive actions attacking Trump's energy independence policy,Biden did the wrong or the worst thing possible to the economy attacking energy policy .
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