The Pomp Podcast cover image

#1156 Peter Schiff On The Fed, Interest Rates, Labor Market, Gold, & Bitcoin

The Pomp Podcast

00:00

Is This Going to Be a Recession?

This has really been an unprecedented boom created by the Fed, created by artificially low interest rates and quantitative easing. And so this could be one hell of a hangover. Different people are going to be affected differently. The definition of a recession is when your neighbor is out of work and it's a depression when you're out of work. Even if you don't lose your job, it's going to hurt. Most investors are going to lose money.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
 Get the app