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The King of Crypto Had No Clothes – Ep 856

The Peter Schiff Show Podcast

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Can You Refinance Your Mortgage?

The value of homes is going to go way down as a result of the reverse wealth effect. Consumers still think they're richer, even though they're paying higher interest on their mortgage. They don't have real estate home equity to fall back on nor can they tap into that equity through a home equity line of credit or something like that. That was a lifeline that in previous recessions, homeowners could take advantage of.

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