The Phaserl


How the Yellen – Trump Relationship Could Play Out

by Jim Rickards, DailyReckoning:

A review of the Fed’s toolkit consisting of interest rate hikes to fight inflation, and a litany of tools to fight deflation (helicopter money, financial repression, negative real rates, rate cuts, negative nominal rates, QE, forward guidance, currency wars, and gold), shows that the Fed will be fully engaged […]