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Financial Markets’ Day of Reckoning “Just Ahead” | David Morgan
With inflation at record highs and the stock market selling-off, the Fed is trapped. If they raise rates to quell inflation, the economy collapses. But if they don't, inflation continues unchecked. David Morgan, founder of The Morgan Report, says the Fed will eventually have to pivot. "At that point, everyone will know the Dollar is a failure, and they’ll exit the Dollar,” says Morgan. “The Fed can’t win. Financial markets have a day of reckoning, and it’s just ahead.”
0:00 Intro
1:00 Inflation
4:51 Fed pivot?
7:45 Dollar exodus
9:34 Standard of living
11:19 Inflation getting worse
13:30 Gold & silver
18:30 Sound money
20:53 The Morgan Report
22:21 Miles Franklin
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