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Damn the Recession, Rate Hikes Ahead – Ep 831

The Peter Schiff Show Podcast

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The Markets Are Wrong on the Pivot Fronts

The markets are wrong on bot fronts. These rate hikes are not going to be sufficient to get rid of inflation. We still have negative inturust rates, and the fed isn't even to come close to getting rates to neutral. And at some point the economy is going to be so weak that f o m c members are not goingto be able to pretend that it's strong. I mean, they're going to keep up the pretense and the bluff as long as they can,. But ultimately they're Going to have to show their cards.

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