Gold continues to soar to record highs, but why? Most will say inflation though bullion is actually a terrible inflation hedge. The reason why many people believe this is the one time during the Great Inflation. Gold's run in the seventies was instead about what happened in the sixties long before the inflation. And it's the same thing - the other end of it - that we're seeing today.
Eurodollar University's Money & Macro Analysis
FRB Boston Bretton Woods Conference 1984
https://www.bostonfed.org/-/media/Documents/conference/28/conf28.pdf
Alan Greenspan Testimony Before the Committee on Banking and Financial Services, U.S. House of Representatives July 24, 1998
https://www.federalreserve.gov/boarddocs/testimony/1998/19980724.htm
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
What is Eurodollar University?
Jeff Snider will guide you through the realm of monetary science. Multiple episodes uploaded each week, discussing big news and key current events, the state of markets and what they are telling you, as well as historical summaries and deep background material so that you can understand what’s really going on in this eurodollar’s world.