In a recent Money Metals Podcast interview, host Mike Maharrey spoke with Brien Lundin, editor of The Gold Newsletter and CEO of the New Orleans Investment Conference, about the outlook for gold and silver amid swelling federal debt, rising Treasury yields, Federal Reserve policy, and what Lundin views as the return of the “debasement trade.”
Lundin said the central question is not whether officials can talk tough on inflation, but whether the math permits a sustained tightening campaign. With U.S. federal debt above $40 trillion and the debt trajectory steepening, he argued that the country cannot simply “grow its way out” of the problem.
The limits of rate hikes
Maharrey asked why Lundin considers expectations of aggressive…