Fed Talk: "Balance Sheet Reduction Will Be Rapid"

Brainard's assertion that Federal Reserve’s balance sheet reduction will be rapid rests on her false assumption that the U.S. economy remains strong throughout the process. If the Federal Reserve follows through with this threat bonds will crash, taking the stock market and the economy down with it!

The Need To Move Reserve Assets From US Dollars To Gold

Traders selling gold on the prospect of a resolution to the Russian-Ukrainian war don't understand why buyers are accumulating. It's not about the war. It's about inflation. But sanctions, even if lifted, have highlighted the need to move reserve assets from dollars to gold.

The Federal Reserve Has No Excuse To Raise Interest Rates This Slowly

The headline PCE Index, the Fed's favorite inflation measure, as it understates it the most, surged 6.4% YoY, the biggest rise since 1982. Since even this flawed measure is more than triple the Fed's 2% target, the Federal Reserve has no excuse for raising rates this slowly or delaying quantitive tightening (QT).

Bonds Are Setting Up For Historic Crash

The Treasury yield curve is now inverted from the 2-year to the 30-year. Bonds are setting up for a historic crash when investors discover that a recession doesn't guarantee the end of high inflation. Inflation is not only here to stay, but the next recession will make it worse!

Bitcoin Isn't An Inflation Hedge

Bitcoin isn't an inflation hedge. Sure its price went up in the past, but there's no assurance that its price will rise in the future just because the price of goods or services rise. Bitcoin's price has no relationship to the price of anything that people actually need or use!

The Reason Why CNBC Loves Bitcoin So Much