John Rubino: The Fed seems to be losing control

Financial Survival Network, Released on 11/15/21

  • The Fed seems to be losing control of the inflation narrative. No one believes it’s just temporary as the list of everyday things like gas and coffee that are soring in price gets longer. And fewer people think the Fed has any way of fixing things.
  • The labor market is the tightest it’s ever been, producing some scary/funny stories.
  • US housing is officially a bubble. Now it’s not just prices but behaviors that have become dangerous.
  • This month’s elections in VA and NJ imply big things for next year’s Congressional midterms.
  • Thanksgiving dinner cost is hitting a record. If nothing else brought home the cost of inflation, this dinner will.

John Rubino is the founder and manager of the popular financial website Mr. Rubino is the co-author, with GoldMoney’s James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980’s on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990’s he was a featured columnist with and a frequent contributor to Individual Investor, Online Investor, and Consumers Digest, among many other publications. He currently writes for CFA Magazine.

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