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‘Dragflation’ is here, Fed will ‘blow everything up’ once rates hit this level – Gerald Celente

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The Federal Get is currently battling the strongest inflationary environment since the 1980s, and also pressure is installing for the Federal Free Market Board (FOMC) to begin not just tapering property purchases, however hiking rate of interest.

Gerald Celente, publisher of The Trends Journal told Michelle Makori, editor-in-chief of Kitco Information, that ought to an "unnaturally reduced" rates of interest plan end, catastrophe would certainly hit international economic markets.

Follow Michelle Makori on Twitter: @MichelleMakori ()
Adhere To Kitco Information on Twitter: @KitcoNewsNOW ()

0:00 – "Dragflation".
6:02 – Monetary policy.
9:03 – Gold, silver price.
15:30 – Bitcoin.
18:30 – Cryptos.
20:30 – Labor market.
25:00 – Geopolitics.
34:50 – Metaverse.

#Fed #economy #investing.
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‘Dragflation’ is here, Fed will ‘blow everything up’ once rates hit this level - Gerald Celente

The Federal Reserve is now fighting the strongest inflationary environment since the 1980s, and pressure is mounting for the Federal Open Market Committee (FOMC) to begin not just tapering asset purchases, but hiking interest rates.

Gerald Celente, publisher of The Trends Journal told Michelle Makori, editor-in-chief of Kitco News, that should an “artificially low” interest rate policy end, disaster would hit global financial markets.

Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)

0:00 - "Dragflation"
6:02 - Monetary policy
9:03 - Gold, silver price
15:30 - Bitcoin
18:30 - Cryptos
20:30 - Labor market
25:00 - Geopolitics
34:50 - Metaverse

#Fed #economy #investing
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

For more breaking news, visit http://www.kitco.com/

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Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.