The Fed Has Already Lost the Inflation Fight – Ep 807
The Peter Schiff Show Podcast
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Does the Bank Do You a Favor When They Turn You Down for a Mortgage?
"If you don't have adequate resources, if you don’t have enough income, you've got no business buying a house. And so when a bank turns you down for a mortgage that you can't afford, they've actually done you a favor," he says. "I mean, if they're greedy, why not loan money to all these poor people and all these minorities if they can make money?"
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