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Is Chairman Powell Paul Volcker Reincarnated?

Most investors assume current tight Fed monetary policy will continue until CPI inflation is brought back down to 2% or a financial market crash occurs. But Tom Luongo provides reason to believe tight money is not just about inflation but rather domestic and international politics are the drivers. Moreover, Tom explains that the U.S. monetary system is being weaned off of LIBOR interest rate pricing in favor of SOFR pricing. That's a game changer for America's capital markets as Tom explains.


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