The Great Monetary Pivot: Don’t Let The Fed Control How Much You Win in 2024- EB Tucker
“The gameplay is to control the growth rate,” explains E.B. Tucker, bestselling author of “Why Gold, Why Now?” in our recent interview with Daniela Cambone. Tucker delves into how the actions of the Federal Reserve are averting a deflationary scenario for 2024. “If you don’t manage it up, things deflate. If things deflate, the whole system breaks. That’s not going to happen,” Tucker emphasizes. He also underscores the importance of maintaining objectivity in investing. “You have to be able to change your mind when the facts change” to avoid falling into bear traps, Tucker advises. Additionally, he notes that private credit companies are increasingly taking on the role of traditional banks in lending money. As we approach the New Year, Tucker urges people to take action promptly instead of waiting around. “If you want to change your life, do it today,” he concludes.
CHAPTERS:
0:00 Soft-landing for 2024
7:24 Fed’s gameplay
9:12 Deflationary scenario
12:26 Bitcoin
17:20 Mindset for investment
18:12 Gold price
19:32 Javier Gerardo Milei
24:09 U.S. dollar
26:14 The BRICS
31:16 Tucker’s concluding words
SOURCES:
https://thetuckerletter.substack.com/
https://www.cnbc.com/2023/12/13/fed-interest-rate-decision-december-2023.html
https://www.economist.com/the-americas/2023/12/13/javier-milei-implements-shock-therapy-in-argentina