Fed Hawks Turn Chicken – Ep 806
The Peter Schiff Show Podcast
00:00
What Is a Neutral Rate for an Economy With Two to Three % Inflation?
The fed has never articulated what it defines neutral as for today's economy because it can't. Pal will not acknowledge what the rate of neutral is for to day's economy because he's specifically set. When he's talking about a neutral rate of two to three %, he is referring to an economy that has inflation of two %, not the economy we have to day. There's no chance that they're going to get above neutral. They won't even define what neutral is, because they know they'll never getting there.
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