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#1156 Peter Schiff On The Fed, Interest Rates, Labor Market, Gold, & Bitcoin
The Pomp Podcast
Is the Fed Winning?
We are at maximum employment at a 50 plus year low in that unemployment number. But now we are seeing the inflation numbers start to come down. What is going on and is the Fed winning or are there actually problems underneath all of these seemingly positive numbers? No, the Fed is not winning, but everybody else is losing, that's for sure. they haven't really destroyed demand. They've changed it a little bit.
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