Image: thecrux.com
Paul Tudor Jones, an American Hedge Fund founder and one of America's wealthiest businessmen, has said in an interview recently, that the Fed is losing control, and the next financial disaster is just waiting around the corner..
Jones stated that inflation will "accelerate sharply" very soon, which would in effect cripple the bond market, which has been spiraling out of control for the last 10 years from "quantitative easing" which was implimented by the Fed.
Along with the volatity of the stock market and corporate credit, with all their manipulation, we also have the Foreign Currency fighters and the Crypto community, which is accelerating at fast pace, thrown into the mix...
Why the Crypto community is becoming so large, is most likely due to the fact that most people with half a brain can see what is going on with the world central bank's greedy manipulation games, and are just sick of it!
Also we have China flexing their muscle and moving at Rapid pace to make a move into leader of world currency with their Renminbi.
All of these forces plus many more smaller issues suggest that the Fed might be very well losing control... The Fed and central bank's have been manipulating the monetary system for decades, some might argue that all what is going on at the moment could even be a manipulation move , they might be right, but I like to look at both sides and do think it is possible that all the greed and smug power plays just might have got the better of these criminals this time round.... I guess time will tell...
If all this does blow up a good store of wealth besides the cryptos is still good old fashion Gold and Silver...
Jones stated in his interview that, "It will be fascinating to watch how the Fed tries to deal with the situation"
Source:
https://www.trunews.com/stream/paul-tudor-jones-the-fed-is-losing-control