The Fed Has Already Lost the Inflation Fight – Ep 807
The Peter Schiff Show Podcast
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The Bond Market Is Going to Smell Inflation, Not Rates
As consumer prices keep rising, real interest rates are going to keep falling. The fet is going to fall further and further behind the curve as it drags its feet with these 50 basis point ratehikes in a world where inflation is accelerating at a faster pace. And by the way, look at mortgage rates now. I think we're at five point four % for the national average. For a 30 year fixed. We could be at six % by next week. That has a massive impact on afford ability.
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