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Episode #147 - David Hay and the Rising Risk of Recession

Gold Goats 'n Guns Podcast

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The Fed's Silent War on Inflation

We're now at levels on all commodities that are what used to be the price ceilings. So $7 a bushel wheat, for example. I've always looked at this as this has been the Fed's silent war against the excessive leverage in the off short dollar markets. The shadow banking system dwarfs the domestic banking system. And that's what needs to be shrunk.

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