Zell Is Buying Gold to Hedge Against Inflation

The transcript discusses concerns about inflation, its impact on investments, and the Federal Reserve's stance. It explores investment strategies in response to inflation, including commodities and gold. The potential effects of President Biden's proposed tax changes on investors and the economy are examined. The debate between redistribution and growth as solutions to wealth inequality is also covered.

What is the Federal Reserve's stance on inflation according to the speaker?

• It is a permanent issue.

• It is a transitory issue.

• It is a minor issue.

• It is not a concern.

How does the speaker suggest investors should respond to inflation?

• Ignore it and continue as usual.

• Assume costs will decrease.

• Include the assumption that costs are rising.

• Invest only in technology stocks.

What traditional asset has the speaker recently invested in for the first time?

• Bonds

• Gold

• Real estate

• Cryptocurrencies

What is the speaker's view on the proposed tax revisions by President Biden?

• They will only affect the 1%.

• They will benefit the economy.

• They will have no impact on the economy.

• They will grind the country throughout.

According to the speaker, what is the likely impact of doubling capital gains taxes?

• It will double the reward for investors.

• It will have no effect on investments.

• It will eliminate half the appetite for risk.

• It will increase investment enthusiasm.

What does the speaker believe is the real solution to income inequality?

• Redistribution

• Increased taxation

• Economic growth

• Government intervention

What does the speaker argue is necessary to change wealth disparity?

• Encouraging growth and risk-taking

• Increased government control

• Reducing taxes for the wealthy

• Redistribution of wealth