SPECIAL REPORT: Did The Fed Just Announce QE-Lite? | Axel Merk + Live Q&A

In this episode of Thoughtful Money, Adam Taggart interviews Axel Merk, head of Merk Investments, about the Federal Reserve's recent decisions and announcements following the FOMC meeting. They discuss the implications of the Fed's rate cut, the dissents within the FOMC, and the initiation of T-bill purchases, which Merk characterizes as a form of QE. The conversation covers potential successors to Fed Chair Jerome Powell, the Fed's approach to managing the economy, and the disconnect between the Fed's projections and economic realities. They also delve into the action in precious metals markets, particularly silver, and the factors driving its recent price surge. The discussion touches on monetary versus fiscal policy, inflation, unemployment, and the role of speculators in the precious metals market.