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The Bigger the Bubble, the Smaller the Pin – Ep 773

The Peter Schiff Show Podcast

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The Fed Was Not Able to Bring Rates Positive Before Pricking the Bubble

Powell: This may be the very first bubble that was pricked without a pin. It was pricked because paw simply talked about the pin and hadn't even gotten around to actually using it. He says businesses are now recognizing that inflation is not transitory, that they were lied to. Powell: They're trying to change their business plans to function in an inflationary environment.

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