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The 2023 Financial Crisis Just Went Global - Ep 879

The Peter Schiff Show Podcast

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The Fed Is Not Gonna Fight Inflation Without Creating a Financial Crisis

Last week they told Congress or Powell told Congress everything is great the economy is in great shape and we were a week away from a financial crisis. They already look pretty foolish based on what they said but if they then try to save face by going a quarter point I mean Powell kind of got the market ready a week and go for a half point right that's why gold sold off  that's why the dollar went up because we're gonna get a half point rate height. What does that tell you about this so-called strong economy we don't have one it was an illusion which was exactly what I've been saying the entire time again.

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