The Fed Is Trying To Thread A Needle With A Rope
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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
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