Good Politics Is Bad Economics – Ep 803
The Peter Schiff Show Podcast
00:00
The Stock Market Going Down in and of Itself Will Cause a Recession
Robin Hood is cutting its work force. Why? Well, it doesn't have any money. And that's why i've been talking about the fact that the stock market going down in and of itself will cause a recession. So if the fed, through hiking rates, or talking about hiking rates to fight inflation, puts the stock market into a bear market, and we will be in one, they will put the economy into recession. I know i've mentioned this before, but it's a point that i need to reiterate, bcause it's that important, and nobody else is making it.And i'm the only one talking about this.
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