Bloomberg/Chris Antsey and Reade Pickett/4-27-2023
“The US economy was slowing even before the brunt of any credit crunch stemming from the recent bank failures, while inflation accelerated, highlighting the enormous challenge faced by the Federal Reserve.”
USAGOLD note: Looking more like stagflation every day…… “Worst of both worlds” is a good way to describe. We remind that the best investments during the stagflationary 1970s were gold and silver.
