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There is the mainstream and market perception of what going on in the economy and financial system. And then there’s the underlying economic reality. In this episode of the Friday Gold Wrap podcast, I talk about the growing divergence between the two in the context of the June Federal Reserve meeting and the latest CPI data.

Topics Discussed

• The mainstream economic model is flawed
• Inflation myths
• What the mainstream thinks will happen
• The economic realities
• May CPI data breakdown
• The Fed pauses rate hikes
• Powell’s hot air

Video Length: 00:32:14

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