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Wednesday, March 2, 2022

Current Events-Economics

https://schiffgold.com/key-gold-news/stagflation-warning-atlanta-fed-cuts-q1-gdp-projection-to-zero/

Most people are severely underestimating the international and domestic economic impact of the war in Ukraine. 

Domestically, the Fed is now in a lose-lose situation because it can’t simultaneously pump up the economy and fight inflation. It's one or the other.

Internationally, the desire is for a new reserve currency. And that's just ONE of them.


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