Outrageous Positive Spin on Negative GDP – Ep 804
The Peter Schiff Show Podcast
00:00
Are You Going to Keep Hiring Rates?
The fed is basely ignoring this negative gt preprint and is claiming, well, the economy is still strong. Forget about the fact that it's contracting. It's actually really strong. We're not worried about a recession. We're going to keep hiking rates. Well, what happens if we end up in a recession? What happens to the fed credibility? Because after all, they've got everything wrong. They want to pretend they can have the best of both worlds. But there's already evidence that the economy is weakening,. apart from just what should be obvious from higher interest rates. I mean, one glaring example is in the real state market. Look at what happening to mortg
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