In a special reprise edition of the Financial Sense Newshour from earlier this year, Jim welcomes back Eric Janszen, Founder & President at iTulip Inc. Jim and Eric discuss why things didn’t go badly globally in 2012, as so many had predicted. They also discuss the current economy and its prospects. Eric notes that the US economy still has a huge output-gap, meaning there will likely be no inflation resurfacing for now. However, Eric does see inflation moving beyond food and energy in 2014. They discuss the folly of raising taxes during a weak economy, as well as the prospects for an era of turbulence as Ben Bernanke leaves the Federal Reserve in 2014.
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