With inflation now at a 40 year high, all eyes are on the Federal Reserve.
Will they be able to tame today’s hot inflation with higher interest rates?
And whether or not they can, what havoc may those higher interest rates wreak on America’s over-leveraged economy and over-inflated financial asset prices?
To explore these critical questions, Fed-watcher and fund manager Axel Merk returns to the program.
Merk professes to be a skeptic of the Fed’s current game plan.
He thinks they’ve been doing “too little, too late” for years, and thinks their latest strategy isn’t as bold as the situation demands.