Damn the Recession, Rate Hikes Ahead – Ep 831
The Peter Schiff Show Podcast
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Is There Such a Thing as Inflation?
Inflation is going to run rampant, it will potentially turn into hyper inflation. All prices that are rising are rising because of inflation. The only way the price of everything can go up at the same time is if the feter reserve creates more money,. If congress spends more money into circulation. But this time, doing the right thing is completely fatal - which is why we won't do it. In fact, it's even a more painful death, even if that death sentence is carried out a little later. Also, i was watching an interview on television earlier to day on rising food prices. And the individual being interviewed kept referring to food inflation and how food inflation is such a big problem
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