Off The Cuff: The Fed Is Just Playing For Time At This Point

In this week’s Off The Cuff podcast, Chris and Axel Merk discuss:

  • Fire resilience
  • The Fed has no clue how to get out of the box it’s in
  • The Fed is only looking at the immediate term; it leaves tomorrow’s problems to tomorrow
  • Why the best short-term policy is a good long-term policy

Last week saw another FOMC statement, which Fed-watcher Axel Merk returns to the program to de-code for us.

In short, the Fed is giving itself more leeway to deal with a problem it has no clue how to fix. It is simply playing for time, trying to reassure us in the meanwhile that it has everything under control.

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The post Off The Cuff: The Fed Is Just Playing For Time At This Point appeared first on Peak Prosperity.

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