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IAUF - The Fed Just Ushered In The Crack-Up Boom And Dollar Death
iShares Gold Strategy ETF
About a week ago, I wrote that the Fed could not afford to cut interest rates. Doing so would leave them without enough conventional policy tools to combat the next recession, which is backed by data from the IMF.
However, on the chance the Fed did cut, I ended the article with the following comment.
However, if they choose to resume QE, then it will be the beginning of the end for the stability of the monetary system. They will not be able to stop the program without contracting the markets, so they would keep