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Ask The Expert - Frank Giustra - May 2022

Sprott Money News

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Powell Pivot Number Two in the Months to Come

It's mathematically impossible to raise rates substantially. It's you will emplo the entire system. Global debt, since the great a financial crisis, global debt has doubled to 300 trillion dollars. Anything above two % is going to emplow the entire stem. My guess is that they will use cause they have no tolerance for a recession. When a recession hits, and it will hit, they will back off.

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