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Gold, Recession, and the Fed – Swamponomics

What do all these things have in common?

Like inflation, the Federal Reserve first denied a recession could happen, then said the odds of a soft landing diminished, and now a downturn is “plausible.” But after making policy blunders since the start of the coronavirus pandemic, is the Fed and its counterparts bracing for monetary destruction by buying gold?

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Andrew Moran

Economics Editor

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