Podcasts Monetary Policy & Inflation | US
Simon White: Aftermath Of The Biggest Monetary Policy Intervention In World History (Macro Voices)
(1 hr 26 min listen) |
Virus is a trigger for Japanification of the US. Unlimited and immediate Fed QE (including corporate bonds) plus the biggest fiscal package in US history are unprecedented. Intention is for more than the $500bn of QE2 every week. Dollar index probably can break higher as the pandemic is dollar positive, despite unlimited QE which should be dilutive. Gold should outperform all fiat currencies.
Virus is a trigger for Japanification of the US. Unlimited and immediate Fed QE (including corporate bonds) plus the biggest fiscal package in US history are unprecedented. Intention is for more than the $500bn of QE2 every week. Dollar index probably can break higher as the pandemic is dollar positive, despite unlimited QE which should be dilutive. Gold should outperform all fiat currencies.
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