3min chapter

Peter St Onge Podcast cover image

Episode 3: Weekly Roundup 05.08.23

Peter St Onge Podcast

CHAPTER

The New Normal: Bailouts and the Handouts

Each recession, the bailouts and the handouts get bigger. Inflation is currently running at 5.5%, with the Fed apparently panicked to the point it's crashing banks on purpose. This means that when next recession comes, there won't be enough inflation to soak it up. It goes right to prices. Groceries, rent, cars, and inflation on steroids.

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