Segment 1: What Lies Ahead for the Market? SEGMENT BEGINS AT 00:40 Economist Jerry Robinson shares his signature commentary in a broad overview of the markets and discusses Washington’s Inflation Reduction Act. Is “peak inflation” in the rearview...

(NewsMax) – On the eve of a U.S. visit, Chinese President Hu Jintao made the boldest statement yet on the future of the U.S. dollar as a reserve currency, calling the current global monetary exchange system “a product of the past” while promoting his own country’s currency as a replacement.
In written answers to questions from U.S. media, Hu roundly criticized the U.S. Federal Reserve for unleashing a wave of dollars into the world, prompting sharply rising inflation in places like China and India.
He also rejected the common U.S. complaint that…
Please help us spread the word about FollowtheMoney.com on Facebook, Twitter,
and any other social media outlets.