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Future transition from Powell to Warsh is inevitable, Lawrence Lepard argues
Lawrence Lepard remarked on a pivotal moment when Janet Yellen told Jerome Powell that monetary policy challenges were now his responsibility. Lepard suggests that a similar handoff may soon occur from Powell to Warsh, indicating shifting accountability at the top of U.S. economic policy.
He also asserts that a significant increase in money printing—described as 'The Big Print'—is mathematically unavoidable.
Lepard has previously argued that current markets are uninvestable and has recommended shifting to gold or bitcoin for stability. He has also observed that the BofA MOVE index is nearing previous volatility highs, raising questions about bond market risk. His recent comments build on these earlier warnings.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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