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Video: Have Central Banks Been Lying to Us All Along?

Jeff Opdyke · June 3, 2022 ·

Last year, the Federal Reserve, the European Central Bank, and pretty much every other major central bank was insisting that inflation wasn’t a big problem and that they wouldn’t have to raise interest rates.

And now all of them have reversed course…

The ECB had been one of the last holdouts, until it finally admitted late last month that rates would have to rise.

So, what’s been going on inside the world’s central banks?

Are they simply incompetent and underestimated the scale of the inflation crisis, or have they been lying to us all along?

I sat down with Field Notes Managing Editor Ciaran Madden to address this question…discuss what comes next…and explain how that’s going to impact our wealth.

Check out the video of our conversation below…

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About Jeff Opdyke

Jeff D. Opdyke is an American financial writer and investment expert based in Portugal. He spent 17 years covering personal finance and investing for the Wall Street Journal, worked as a trader and a hedge fund analyst, and has written 10 books on such topics as investing globally and personal finance.

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