Kirk Elliott PhD Economic Update

Interview with Michael Jaco

Kirk Elliott PhD

Today, Michael Jaco and Dr. Kirk Elliott discuss the recent Fed meeting in Jackson Hole and Fed President Jerome Powell's contradictory statements on inflation and interest rates. They also delve into the BRICS meeting and how Putin's proposal for trade in their own currencies could lead to the de-dollarization of the world. The addition of United Arab Emirates and Saudi Arabia to the BRICS nations is seen as a significant expansion.