Professor: Fed Needs to Act on Inflation Now

Gold, the traditional inflation hedge, has performed well recently—it’s now at a 4-month high. So are investors taking the inflation threat more seriously? And will the Federal Reserve be the next to acknowledge it? Professor Michael Busler at Stockton University says they need to acknowledge it—and fast. Otherwise, we’ll get into a dangerous inflationary cycle that will be hard to break. NTD asked him just how much power the Fed has to stop that.

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