FedEx Proves the Fed Can’t Deliver a Soft Landing – Ep 841
The Peter Schiff Show Podcast
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How Long Will It Take to Get to High Interest Rates?
We deserve high interest rates because interest is the price you pay to borrow money. But prices are determined by supply and demand, when the feder reserve is not artificially influencing it. So we'r going to go from very low interest rates to very high interest rates. Now how long it's going to take to get there, i don't know, but that is where we're headed. In fact, if you look at the yield curve this week, yields again, rows across the board. Not as much on the long end, again, as the short end. Yet it's gotten away with extremely low interest rates, but it's not going to get away with em much longer.
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