No Pivot: Powell Put Expires – Ep 772
The Peter Schiff Show Podcast
00:00
Pal Is the One That's Left Holdin' the Bag When the Music Stops
The only son the fed was able to continuously bale everything out was because they were able to operate under the pretence that inflation was too low. Now we're at a point where the deficits are bigger than ever and inflation is now seven %. So what is going to be justification for loose monetary policy in the future when inflation stays so much above the two % target? There is no justification. And this whole building is going to come crumbling down.
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