SLP469 Is the World Really Dedollarising? with Peter St Onge
Stephan Livera Podcast
00:00
The Revolving Door Factor in Central Banking
The Fed has a choice on interest rates. The main thing they're using to choke the economy is to try to cancel out the inflation that government spending caused. I think central banks are aware that inflation is how they're judged. If they let inflation go on too long, then the voters will tell the politicians to rein them in and they'll lose control. It's sort of a shell game where they can pile trillions of dollars under voters even if they don't realize it.
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