| Jerome Powell – The Hawk is back, according to our guest on GoldCore TV, Ex #FederalReserve Advisor Danielle DiMartino Booth in this explosive interview. As Danielle sees it the new Jay Powell is the old Jay Powell. The Chair of the Federal Reserve has pivoted back to his hawkish stance. The “retiring” of the phrase “transitory inflation” signals #JeromePowell intends to tackle inflation head-on and speed up their plans to taper their bond purchase and bring forward interest rate hikes. US Inflation is rising fast, as it is across most of the globe and central banks are caught between a rock and a hard place. Raise rates to stave off inflation and let the stock markets suffer the consequences or placate the markets with a continued flow of easy money through quantitative easing and low interest rates that would further fuel inflation, leaving the middle and lower income earners to suffer most. If markets crash will Jerome Powell blink or will he have a Paul Volker moment? Danielle DiMartino Booth is the Founder & CEO of Quill Intelligence (https://quillintelligence.com/). She is also a former advisor to the #Fed having spent 9 years as an insider. She is the author of FED UP: An Insider’s Take on Why the Federal Reserve is Bad for America. You can follow her on Twitter here: https://twitter.com/DiMartinoBooth 00:00- Intro 00:53- Jerome Powell- Is the Hawk Back? 07:26- Inflationary problems for lower & middle income groups 09:54- What happens to the stock market? 19:11- The rise in automation and what it means for the future 21:38- Income Inequality 26:07- That's What Danielle DiMartino Booth would do if she was Jay Powell. 29:01- Wrap Up If you're looking to buy gold or silver coins or bars, GoldCore currently has good stocks available visit the following website to learn more: US & ROTW - https://www.GoldCore.com UK - https://www.GoldCore.co.uk Ireland - https://www.GoldCore.ie _________________________________________________________________ GoldCore TV is the home of precious metals market information. Our channel features news, interviews, and podcasts with prominent industry figures to help people make informed investment decisions. Subscribe to our channel to stay up to date on the latest precious metals news and views. Follow us on social media: Facebook - https://www.facebook.com/GoldCore Twitter - https://twitter.com/GoldCore Disclaimer: Videos published are not investment advice and the views expressed may not reflect those of GoldCore ltd. |
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