In the second part of our interview with E.B. Tucker, bestselling author of Why Gold, Why Now?, he details how the Fed’s actions are weighing on consumers. “You don’t tell the builder what kind of house you want. They tell you what kind of house we’re gonna get,” he says, highlighting that folks end up living in a space that may be massive but not necessarily the one they enjoy living in. “The builders have succeeded in doing this for probably 40 years now because people had access to cheaper and cheaper money… [but] you’re much better off being in a space that works with your mood and enchases your life,” he says. Tucker also explains that in terms of de-dollarization, there’s a shift going on in the global markets. “We have to be aware that the U.S. is losing standing,” he concludes.
#gold #fed #investing #dedollarization #recession #banking
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