In this week’s Off The Cuff I sit down with Axel Merk to discuss:
- The implications of yesterday’s announcements by the Federal Reserve
- How much does the Fed truly care about inflation?
- Is the Fed willing to sacrifice the purchasing power of the USD in pursuit of its dual mandate?
- Why resilience remains the right strategy, in both your finances and overall lifestyle
Expert Federal Reserve-watcher Axel Merk joins the program this week to react in real-time to yesterday’s latest announcements by the FOMC and Fed Chair Jerome Powell.
He and I discuss the Fed’s apparent lack of concern about both raising bond yields and building inflation concerns.
As far as Fed Chair Jerome Powell claims, the current easing mode of easy monetary policy is going to continue for a lot longer.
And for those concerned that the repercussions of those policies are having increasingly disastrous effect on the vast majority of the American public, Axel warns that it’s folly to believe the Fed is working in their interests…
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