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Financial Media Surprised by the Obvious

The Peter Schiff Show Podcast

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The Fed's Mistake in Raising Rates

The 10 year US treasury is down at three spot, three seven. You got 5% fed funds. Look at that negative slope in that yield curve. And the year over your inflation in the US is 6%. So I mean, for some of those 10 years, you're going to be stuck with higher inflation. But why are yields dropping? Because most investors still don't get it.

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