Financial Media Surprised by the Obvious
The Peter Schiff Show Podcast
00:00
The Risks of Deutsche Bank
Deutsche Bank had a very good track record until it was destroyed by the false allegations at 60 minutes. So how are people now so surprised? Oh, they've got a problem in the European banking. They're not even close to rates high enough to fight that inflation. Imagine what would be going on in Europe right now if they did raise rates highenough to fight inflation. Could you imagine if everything is collapsing and the rates are still this low because in historic terms, they're low?"
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