“The Fed is loaded up and frightened”, but that’s a given.
Alasdair talks with Silver Doctors today about problems that are out of the Fed’s league.
an SD Exclusive
Alasdair says “The Fed is loaded up and frightened to unwind” but it gets worse than simple balance sheet reduction.
After more than quadrupling the base money supply and pushing interest rates to historically low levels, the Fed wants to reverse course.
But these two issues from economic powerhouses China and Russia are only getting started.
Such actions are challenging, if not impossible, explains MacLeod in this SD exclusive interview.