The Inflation Monster May Devastate Japan First – Ep 801
The Peter Schiff Show Podcast
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Mortgage Yields - Are They Going to Be at Three and a Half?
The only way to stop bonyolds from rising, at least in the short run, would be to do more cee. But nobody is talking about that now. Not even the biggest doves on the f o m c are talking about returning to c e. If we're 225 basis points above the 30 year bond yield and 30 year bonelds, or five and a half, you're talking about around an eight % mortgage rate. The entire economy that is levered to the hilt is going to have to cut back dramatically on everything in an inflationry, rising interest rate environ ment. Which is why this economy is headed into recession, and not just a shallow recession
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