MacroVoices #350 Mike Green: Investing Opportunity in an Increasingly Uncertain World
Macro Voices
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Is the Federal Reserve Trying to Address Inflation?
Mike Downey: We're moving towards something very similar to what we saw with Germany and Russia in the 1930s, the Molotov-Ribbentrop Protocol. He says inflation has largely been a byproduct of an incredible amount of stimulus that was pumped out into the US economy while supply chains were largely shut. The Fed is attempting to address it with monetary solutions that are causing the US dollar to skyrocket around the world, which could lead to a seriously coordinated global recession," he says. "I would unfortunately support that this could very well turn into a much less stable situation than we think"
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