“Quantitative easing is a failed experiment,” Booth said. “We're not just dealing with supply chain disruptions. There are much more problematic forms of inflation that I think Jerome Powell does not want to admit. But what the Fed should be most worried about is stubborn inflation. And this is beginning to manifest itself in the rise in property prices and rents. " Given the current economic situation, the Fed may have no choice but to tighten monetary policy and raise interest rates. "
Against this background, the expert advises investors to hold gold, real estate and municipal bonds. “I am aggressively holding onto my gold. I am happy that I have a lot of real estate. "