The US Fed is now in a dilemma.
High interest rates are like high blood pressure. Investment banks, small and medium-sized enterprises, and the US government are complaining the high interest rates. It is unknown what bomb will explode. If interest rates are not lowered, something bad will happen.
If interest rates are lowered, where will the huge amount of US dollars and the record high US money market funds go? If they stay in the United States, inflation will explode again.
The surge in gold prices is a prediction that the US dollar will flow to commodities, and gold has the lowest storage cost. Currently, only Chinese assets are cheap and large-scale acquisitions in the world, but the United States does not want Wall Street money to flow to China. The United States is in a dilemma.
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