WallStForMainSt: George Gammon: Expect More Games From the US Treasury & the Fed In the US Treasury Market
Jason Burack of Wall St for Main St interviewed returning guest real estate investor, retired entrepreneur and host of one of the largest Youtube channels on finance and global macro, George Gammon.
George's main YouTube channel is here: https://www.youtube.com/channel/UCpvyOqtEc86X8w8_Se0t4-w
Follow George on Twitter here: https://twitter.com/GeorgeGammon
During this hour plus long interview Jason asks George about the damage that Fed rate hikes are causing in the real economy.
George talks about how 6-9 months from now more affect of the rate hikes will hit the US real estate market.
George also talks about how there is enormous demand for short term US Treasury debt but rapidly decreasing demand for longer duration US Treasury debt. What rules changes or games will the Fed & US Treasury play to try to cap rates and get large US banks or retirement accounts to buy these government bonds (that are inflated away)?
Jason also asks George about pension fund bailouts, gold and his ongoing lawsuit against the Federal Reserve Bank.
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