The Bigger the Bubble, the Smaller the Pin – Ep 773
The Peter Schiff Show Podcast
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The Fed Is Confident That It's Going to Bring Inflation Back Down to Two %
The fed is confident that it's going to bring this inflation rate back down to two % by slightly raising interust rates above zero. And i don't think there's ever been a situation where you've been able to fight inflation with negative real interest rates. But thanks to the fed, that's an impossibility because the economy has weighed too much debt to ever afford a positive real rate of interest. Another number that should be troubling for the fed was the consumer sentiment number. The prior month, in december, we were at 68 point eight. Instead, we dropped all the way down to 67 point two. Why is consumer confidence plunging? Because prices are surging. That confidence number is
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