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#1156 Peter Schiff On The Fed, Interest Rates, Labor Market, Gold, & Bitcoin
The Pomp Podcast
What's the Fed's Response?
The real problem for the Fed might be that not only do we get a surprise uptick in inflation, but we get a down tick in the economy. When that happens, what is the Fed's response? So they are getting close to a pivot, I think in most people's minds. But at some point, all these layoffs that we're getting, and look, more layoffs were announced today.
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