E295 - James Rickards: The Financial Domino Nobody Is Watching
Published: August 14, 2026
Duration: 10:58
The Federal Reserve may leave rates unchanged, but the more consequential interest-rate story could be unfolding thousands of miles away.
In this episode of The Secret War on Cash, Dean Heskin and Chris Agelastos begin by examining expectations that the Fed will not raise interest rates in September.
Chris explains that because markets largely expect rates to remain unchanged, the decision itself may have limited impact. A surprise hike or cut could create short-term volatility, but markets would eventually reprice.
The Fed faces a difficult balancing act. Inflation remains elevated enough to justify tighter policy, b...
In this episode of The Secret War on Cash, Dean Heskin and Chris Agelastos begin by examining expectations that the Fed will not raise interest rates in September.
Chris explains that because markets largely expect rates to remain unchanged, the decision itself may have limited impact. A surprise hike or cut could create short-term volatility, but markets would eventually reprice.
The Fed faces a difficult balancing act. Inflation remains elevated enough to justify tighter policy, b...