No Pivot: Powell Put Expires – Ep 772
The Peter Schiff Show Podcast
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The Fed Is Putting Training Wheels on This Bike
Pawl thinks that because the economy is so strong that it doesn't need the fed to support it any more. But what pal doesn't understand is its only strong because it's standing on those supports. The markets now believe that pal is committed to this chourus of hiking rates at a much faster pace than they did last time. And we've already seen that movie, and we know how it ends. Except, as i said before, sequels are always worse than the original. There's going to be a much bigger financial crisis that will morf into a Sovereign debt crisis and a currency crisis.
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