A Surge in Moonlighting Evidences Weakness Not Strength – Ep 824
The Peter Schiff Show Podcast
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The Third Arrow in the Quiver of Obenomics
Shinzu's abbes plan was for the government of japan to spend a boat load of money to run massive deficits, and then have the bank of japan monotize those deficits by printing yen. The third arrow in the quiver was to make the japanese economy more competitive. Well, the first two arrows shot that one in the heart. And i got news for the people in Japan: You ain't seen thing yet. You're going to be looking at double digit inflation over there. In fact, all their doing is continuing to throw gasolene on the fire.
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