The Fed is tightening to 'crater' the economy, dragging us into a long recession - John Hathaway

The Fed is tightening to ‘crater’ the economy, dragging us into a long recession – John Hathaway

(Kitco News) – The Federal Reserve’s monetary tightening could lead us into a “recession that we won’t recover from for a few years,” said John Hathaway, senior portfolio manager at Sprott Asset Management. “[The Fed] doesn’t have a dial to modulate economic activity,” he explained. “They basically have an on or off switch, and the …

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