Will retail investors come to understand the difference between real metal and "paper gold"? If they do come to understand, they'll want more of the former and less of the latter.
The Left reacts with horror to any attempt to question “climate change.” Let’s do everything we can to stop the “climate change” fanatics from destroying our economy!
One thing is certain, inflation isn’t going to go back down to target with interest rates being lowered, so we’re going to have stagflation until the economy flushes harshly enough to possibly take inflation away, but that’s a worse set of troubles.
Fed policy more typically focuses on one side of the mandate, then swings the opposite way when the goal seems achieved. Hence, the “punchbowl” analogy I described last week. Need more employment? Fill the punchbowl. Then drain it when inflation picks up.
