Image source: Wikipedia
On Wednesday, the Federal Reserve raised interest rates again despite the problems in the banking system. In this episode of the Friday Gold Wrap, I talk about the Fed’s inflationary efforts to paper over the problems in the financial system while still keeping up the pretense of an inflation fight. I say it’s like trying to thread a needle with rope.
Topics Discussed
- The most recent Fed rate hike
- The messaging coming out of the Fed
- Why the inflation fight is at odds with the bank bailouts
- Why the Fed bailout didn’t solve the real problem
- What the bank failures should have taught us
Video Length: 00:32:20
More By This Author:
The Federal Reserve Is Walking A Tightrope In A HurricaneFDIC Insurance: To Infinity And Beyond
SVB And Signature Bank Were Just The Tip Of The Iceberg
Comments
Log in or sign up to join the conversation.