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Despite doing nothing at the June meeting, Fed officials continue to talk tough about fighting inflation. But I think something is amiss. In this episode, I talk about the disconnect between rhetoric and the Fed's actions. Are they clueless or running scared? This week, I also talk about another big jump in the national debt and the latest on central bank gold buying.
Topics Discussed
-Hawkish Fed drove markets this week
-Is there a disconnect between Fed rhetoric and Fed actions?
-The Fed March 2021 "dot-plot" was wildly wrong
-More than 1/3 of US businesses are in debt trouble
-The national debt surge -- an amazing freak show
-Central banks still buying gold
-The June job numbers
Video Length: 00:31:38
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