Guest
Federal Reserve Governor Michelle Bowman warned today that additional interest-rate hikes will likely be approved moving forward to temper inflation. But with inflation still nowhere near the central bank's 2% target rate, these rate hikes could continue throughout a significant portion of 2024. Today, Daniela sits down with best-selling author and world-renowned speculator Doug Casey, who argues that it's futile for market experts to attempt to predict the Fed's next move since the central bank's ability to manipulate interest rates allows it to control the direction of the economy. He says,“This is rearranging deck chairs on the Titanic. The Fed shouldn't have any control over interest rates. The buying and selling of lending and borrowing of capital in the open market is what should control interest rates.“ Doug also believes that the Fed could use central bank digital currencies to boost its already immense control over everyday people. “For central banks to have digital currencies that people are going to use is a bad idea on gives a huge amount of power to the state,“ he asserts. He concludes by highlighting the precious metals sector as a viable space to explore in order to provide extra protection for your portfolio throughout this uncertain market. “[Mining stocks] are the cheapest class of securities in the world. I think a pretty good case can be made that mining stocks, in the pretty near future, are going to explode upwards,“ he explains. 00:00 - 01:42 - INTRO 02:48 - RFK Jr & Censored Speech 07:36 - Backing the Dollar with Bitcoin and Gold 10:20 - Destroying the Dollar 13:11 fed now launch 13:53 nations forming CBDCs 18:54 US-China relations 20:33 Hate for the US grows 22:15 Ukraine war 25:34 Migration in Italy 31:02 Mining in Africa #federalreserve #investing #inflation #bitcoin ⭐️ Join Daniela Cambone's exclusive community ➡️ ➡️ Follow us on Facebook: ➡️ Follow us on Twitter: ➡️ Follow us on Instagram: ➡️ Follow us on LinkedIn:
