
The Most Obvious Crisis Almost No One Saw Coming – Ep 769
The Peter Schiff Show Podcast
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The Fed's Normal Cure for a Weak Economy
Inflation is driving the problem. You can't get out of an inflation induced recession by creating more inflation, because you make the problem worse. The last time we had a financial crisis, back in two thousand and eight, would happen? We bailed everybody out. But we can't bail anybody out and fight inflation at the same time. And if te fed focuses on fighting inflation, we don't just get a recession, we get a financial crisis followed by a depression. This is the position that we're headed to. Now. Again, the only way that we can avoid this is for the fed not to do what its saying it's going to do. The fed has to abandon the
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