Financial Media Surprised by the Obvious
The Peter Schiff Show Podcast
00:00
The Fed and the Expansion of the Balance Sheet in the Past Week
The media is surprised by these events as if they just kind of happened out of left field and nobody could have predicted them. It was obvious to me what was going to happen as a result of artificially low interest rates that inflated the housing bubble. I knew people were taking on more debt that they can repay because rates were so low. Take advantage of this special financing offer at netsuite.com slash gold.
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