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    Off The Cuff: The Fed Is Just Playing For Time At This Point

    It doesn't know how to escape the mess it has created
    by Adam Taggart

    Wednesday, September 23, 2020, 7:51 AM

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In this week’s Off The Cuff podcast, Chris and Axel Merk discuss:

  • Fire resilience
  • The Fed has no clue how to get out of the box it’s in
  • The Fed is only looking at the immediate term; it leaves tomorrow’s problems to tomorrow
  • Why the best short-term policy is a good long-term policy

Last week saw another FOMC statement, which Fed-watcher Axel Merk returns to the program to de-code for us.

In short, the Fed is giving itself more leeway to deal with a problem it has no clue how to fix. It is simply playing for time, trying to reassure us in the meanwhile that it has everything under control.

Click here to listen to a sample of this Off The Cuff Podcast

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