The Fed is not prepared for a scenario where the economy is weak while inflation is high. In a stagflation, raising interest rates would slow the economy, but keeping interest rates high would leave inflation hot. "When people will demand higher interest rates for debt...the Fed's hands get tied," says Lobo Tiggre, founder of http://IndependentSpeculator.com.
0:00 Intro0:59 Gold/DXY correlation4:46 Deflation vs inflation8:46 Crash or no crash?13:01 COVID variants & lockdowns17:21 Mining
Lobo Tiggre, aka Louis James, is a legendary speculator and was Doug Casey's prot?(C)g?(C) at Casey Research for almost 14 years, until early 2018. He joined the Casey team in 2004. By 2007, he was writing and making investment recommendations in Casey's flagship newsletter, the International Speculator. Now he brings his experience, his connections and his deal flow directly to you, without the barrage of marketing hype used by larger publishers. He is now the editor of IndependentSpeculator.com.