Bloomberg interview: Merk Investments president Merk on the market’s misunderstanding of the Warsh Fed
Axel Merk, president and chief investment officer of Merk Investments, speaks with Bloomberg: The market fundamentally misunderstands the Warsh Fed, taking Warsh’s recent statements as support for current monetary policy, including the size of the Federal Reserve’s balance sheet. That is not the impression Merk came away with after meeting Warsh.
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