Fed Hawks Turn Chicken – Ep 806
The Peter Schiff Show Podcast
00:00
Is There Evidence of a Recession?
The fed is hiking rates in baby steps. Prices are going to keep going up until ultimately we're in a recession, and then the feds getg o call of the rad hikes. The Fed might kick into overdrive when the fed reverses course and has to go back to easing because we're in recession. There isn't even any evidence of a recession anywhere. You can't see it. And so why even bother to contemplate something that's so unlikely? Because there's no evidence. Despite the fact that we just had one quarter of negative g d p growth. I don't think the g t p weakness in c one was transitory. I think it's probably here to stay
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