Axel Merk: The Path of Least Resistance Leads to Inflation

Jim welcomes back Axel Merk, founder of Merk Investments LLC, to discuss the ongoing battle between inflationary and deflationary forces in the global economy. Axel believes that despite deleveraging in many areas, the path of least resistance leads to inflation in the future.

Axel is the Founder and President of Merk Investments LLC and the author of Sustainable Wealth: Achieve Financial Security in a Volatile World of Debt and Consumption. Merk is considered an expert, providing insights on macro trends, hard money, international investing and building sustainable wealth. An authority on currencies, he pioneered the use of strategic currency investing to seek diversification.