
Fed Folds With a Soft Pivot – Ep 850
The Peter Schiff Show Podcast
00:00
Are Consumers Become Less Confident?
The economy is getting weaker as consumer prices are moving up. This is bad news in and of itself because consumers need confidence to go out and borrow and spend. Unfortunately the reason Americans will stop borrowing and spending is because they're broke and they don't have any more credit, he says.
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