The Fed is already preparing for the next recession by Jacqui Frank, Kara Chin and Joe Ciolli on Dec 1, 2017, 9:24 AM Business Insider executive editor Sara Silverstein sits down with Jim Rickards, the editor of Strategic Intelligence and the author of Currency Wars: The Making of the Next Global Crisis. He shares his thoughts on the Fed, and questions why the central bank is unwinding its balance sheet while economic growth is slow. He says it's because the Fed is already preparing for the next recession.
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