GoldSeek Radio Nugget -- Professor Laurence Kotlikoff: Inflationary Quagmire, Money Illusion, Gold

Esteemed Economist, Professor Lawrence Kotlikoff from Boston University, returns to the show with commentary on the domestic economic conditions.

4:25 - The actual inflation rate may be 8%.

7:10 - Inflationary quagmire.

9:34 - Money Illusion.

11:36 - Gold has outperformed stocks and bonds.

11:50 - Every investor "should own some gold."

14:17 - Most retirees should wait until 70 to accept retirement benefits.

17:16 - The UK is "bankrupt."