How Rising US Fed Rates are Causing an Overseas Currency Crisis EP 95
Oct 11, 2022•7 min
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Episode description
The US Federal Reserve is insistent on rising rates as fast as possible to tamp out inflation. This is having mixed intended results, and a lot of unintended results as allies like the UK are paying more on their government debt.
We discuss how when the Federal Reserve acts, all boats are affected, while some are hit by a tsunami.
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