The Federal Reserve will try everything possible to not raise rates says E.B. Tucker, author of "Why Gold, Why Now." Their recent action in the repo market is another defense mechanism to keep the U.S. dollar as the reserve currency.
"This is a severe drug addiction, they have "financialized" the economy," Tucker told our Daniela Cambone.
The debt ceiling will keep growing, it's a "severe drug addiction" that will never stop, he said. "People are holding onto a notion that the Fed is here to help you; they only want to help themselves" he added. Video by Stansberry Research.
