Hotter Inflation Chills Stock Market- Ep 874
The Peter Schiff Show Podcast
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The Fed Is Not Going to Get Inflation Back Down to 2 Percent
The markets are still expecting the Fed to pivot because they expect inflation to go back down to 2 percent. The only way it could be done would be if the Federal Reserve allowed significant increases in interest rates far more than what it's allowed thus far. Loaning money to the US government at 4 percent for 10 years is a losing proposition. Last year was one of the worst years ever for the US bond market and this year can be even worse.
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