This morning on The Macro Show, Hedgeye CEO Keith McCullough discussed how he’s actively risk managing the “Fourth Turning” amid recent US Dollar devaluation and government lies and obfuscation. He highlighted various conflicts of interest and how unelected/unaccountable organizations like the Federal Reserve are devaluing Americans' purchasing power and misrepresenting its effects.
“If you ask anyone from [the younger] generation, they know they’re being lied to,” McCullough said. “They know what the deficit and debt numbers are—they’re not lies!”
“We’re at the point now where the whole world’s watching. We’re again willfully lying to people about the impact of it, and the dollar is starting to look like sh*t.”
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