Recession Rears Uglier Head Than Inflation – Ep 821
The Peter Schiff Show Podcast
00:00
The Bank of Japan Is Going to Sacrifice the Yen and the Value of the Savings of the Japanese People
The en tanked by over two % on friday because the bank of japan decided to do nothing about fighting inflation. I think at some point, you're going to see an increase in rates in japan. And the shock waves of that announcement could produce a sunami here in the united states. It actually could be more bearish for the dollar and the us Economy than it will be for the japanese economy.
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