Are we headed for catastrophic inflation and what does it mean?

Posted on May 17, 2011 by Bill Faiferlick

Guest: Jaime Dermody

Is the sky falling? Does the US have catastrophic debt levels? What about inflationary concerns?

Bill Faiferlick and guest, Jaime Dermody, author of The Financial Crisis: why, where it is going & how to fix it will discuss whether we are past the crisis or not. Are we still in a financial crisis? What has changed since the financial crisis and is it reversible? What are the possible consequences of inflation? Could we face further drops in real estate? The federal government spends $5 for every $3 it receives. What is the effect of large federal deficit spending? Is it going to affect social programs? How will this affect traders and the market? How could this affect the tax base? Jaime Dermody is the managing member of Financial Engineering LLC. He oversees the development of mathematical trading systems and analyzes complex structured-finance and financial product taxation. He has provided expert advice on criminal tax trails and developed Sharia-compliant financial products.

Guest:
Jaime Dermody, Managing Member, Financial Engineering LLC

Jaime Cuevas Dermody is the managing member of Financial Engineering LLC. Clients include hedge funds, banks, family offices, financial companies, real-estate investment trusts, law firms, professional trade organization and institutes, and governments. His work is divided between overseeing the development of “black-box” mathematical trading systems at FE, and the analysis of complex structured-finance and financial product taxation at FE1. FE runs five trading systems. In FE1: (i.) taught courses to investment bankers and to financial-product specialists of the U.S. Internal Revenue Service Large and Midsize Business Division; (ii.) provided expert advice on major trails (KPMG Criminal tax trials in 2006 – 2008, Cemco v. U.S. civil appeal to the Supreme Court in 2008); and (iii.) developed Sharia-compliant financial products (leases that can replace U.S. Treasury bonds, and instruments to privatize Malaysian Government-Employee Pension Plan).