All Roads Lead To Higher Inflation and Hard Landing - Ep 875
The Peter Schiff Show Podcast
00:00
Is It Really Worth It? The ECB Didn't Pick It Out of a Hat
The ECB lowered interest rates in 2019 because they wanted to push the inflation rate closer to 2% than it was. The ideal inflation rate can just as easily be just below 1.8% or 1.7%. They have no proof that 1.99% inflation is better than 1.69% inflation, he says.
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