Gold Up! Dollar Down! Are we trying to print away our problems?

by Austin Petersen

Printing Away Our Problems?

Markets may be at all time highs, but the Federal Reserve is still printing like it’s going out of style. The latest numbers show the Fed printing $85 billion a month while deficits are skyrocketing. All that printing has put the dollar at an eight month low with the current dollar index (DXY) at 79.32. Are we sinking the reserve currency?

The CBO is projecting the national debt will soar to $25 trillion by 2023.

Gold may now be poised for a rally on the back of inflation expectations, which were benign as of late. The metal is seen as rising on the back of the debt ceiling postponement and no stimulus ease in sight.

Is there anyone who doesn’t believe that we are playing with Monopoly money? 





1399745_10153450125525651_1688050513_oBio: Heather Hughes is an institutional financial sales executive as well as a lover of liberty and the free market. She is a weekly contributor to The Libertarian Republic and an expert on money and the marketplace.

Austin Petersen is a homegrown Missourian with a lifelong passion for liberty. He grew up on a horse farm in Peculiar, Missouri and went on to attend Missouri State University, graduating with a degree in the Fine Arts. After developing a career in media in both New York City and Washington, D.C., he returned to Kansas City, MO, the city he now calls home. In 2016, Petersen appeared on the national stage as a candidate for president of the United States. He took second place in the crowded Libertarian primary behind Governor Gary Johnson and ahead of cyber security maverick John McAfee. During his campaign, Petersen earned many high-profile conservative endorsements, including Mary Matalin, Erick Erickson and Leon Wolf of RedState.com. Petersen also brings decades of professional experience in a wide variety of fields, from content production and media to business and political activism. He is the owner and chief executive of Stonegait LLC, a consulting firm specializing in photo and video services. He was also the director of production at FreedomWorks and an associate producer for Judge Andrew Napolitano’s show “Freedom Watch” on the Fox Business Network. Additionally, Petersen has a national following as a commentator and professional pundit. He is the founder of The Libertarian Republic, a powerful online news source for the public that receives an average of 1 million unique visits monthly and whose podcast, The Freedom Report, receives an average of one million monthly downloads. He is also a frequent contributor on television, appearing on Fox News, Fox Business, CNN, MSNBC and on dozens of local radio shows.

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