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The Fed is flying blind into another monetary policy crisis Feat. Jeff Snider
In this week’s episode of Live from the Vault, Andrew Maguire is joined by Eurodollar University host, Jeff Snider, to discuss the Fed’s lacklustre approach to economic policy and how their inaction could lead to another global financial crisis.
Maguire and Snider then take a look “behind the curtain” at who really is the final decision-maker of global monetary policies before investigating why the Federal Reserve hasn’t embraced gold like other first-tier central banks.
Check out Jeff Snider here: https://www.eurodollar.university/
Timestamps:
00:00 Start
3:45 What is the Eurodollar?
12:45 How global liquidity is created
20:36 A global reorientation towards Asia
24:01 The Fed’s detachment from the monetary system
30:13 Who really decides monetary policy?
37:26 The knock-on effect of the LIBOR scandal
41:55 The Fed’s flippant attitude towards gold
55:50 Concerns over CBDC’s, social credit & debanking
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