The Fed Requires Radical Change in 2026
Time to get the Fed out of the business of playing Central Planner for the U.S. Economy and back to doing everything it can to support the Dollar.
This means a stable money supply, not rapidly growing the money supply by way of buying securities. Trump wants monetary policy to further ease, when in fact we need an independent Fed that is devoted only to the Dollar.
Here’s hoping the next Fed Chairman will break glass, destroy the Fed’s dovish culture, will significantly strengthen the Dollar and maintain elevated interest rates so that the White House and Treasury think twice about running fiscal deficits.
Otherwise, long rates will continue to climb as will the price of real assets, including precious metals.
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