What happens when the Fed's one tool for controlling inflation, stops working? The conditions in the market and in our political institutions is such that this may be where we find ourselves. If they lower interest rates, then inflation will run hot and new money will flood into the economy. But if they raise interest rates, then the massive govt debt and ongoing deficit will require trillions in new money just to keep it afloat. Inflation if you do, inflation if you don't.
Where we're going, you're gonna want to have some bitcoin in your wallet. Get ready for another fantastic piece from Lyn Alden and Sam Callahan... Full Steam Ahead!
Check out the original article Full Steam Ahead: All Aboard Fiscal Dominance by Lyn Alden (Link: https://tinyurl.com/mr3sb2mj)
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