The coming economic crisis, “unorthodox” monetary policy, and Donald Trump
A new surge in the price of gold in US dollars would force the Federal Reserve to reverse course and start hiking interest rates and reversing easing once more. Trump would then have the choice of firing the Federal Reserve and forcing his changes, as he hinted at doing in late 2018, or having an election-year recession. This would provoke a political and economic crisis of historic proportions.
