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The Fed is Trapped: This Recession Will Be MASSIVE!

May 1, 2023

Jeffrey Tucker, a writer, publisher, and entrepreneur, returns to the show, and we talk about the effects of Jerome Powell's decision to raise interest rates on the current market chaos and the potential impact on gold and silver. Tucker explains that the problem of easy money policies began in 2000, which led to a housing bubble and zero interest rates in 2008, leading to a denial of natural law in the industrialized economy. Tucker also discusses the trade cycle, inflation, and deflation, explaining that the current situation is tremendously destructive to production structures.

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