Will Inflation Gut the American Saver?
A Conversation with William P. Mumma, President and CEO of Mitsubishi UFJ Securities USA and Barbara Dafoe Whitehead, Director of Civil Society Initiatives, IAV. Hosted by Sean Fieler, Managing Member of Equinox Partners, LP.
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American families are struggling to repair their household balance sheets, replenish their nest-eggs, save for retirement, and to renew a culture of thrift. If inflation takes off as many predict, then incentives to save will be undermined and the value of thrift imperiled. In this panel discussion, the risks of inflation are examined and options to protect the American saver are discussed.
This conversation was recorded in New York City on June 9, 2011.