Peak Inflation Was Transitory – Ep 818
The Peter Schiff Show Podcast
00:00
The Fed Can't Get Aggressive Without Creating Aid Depression
The economy is in much worse shape now than it was in 19 80, structuraly. In fact, i don't think there's any way the fed can get aggressive without forcing the us. Government to default on treasury bonds. Now imagine how bad an economic down turn would be if the us. government was faulting on its debt. Think about how much money people are going to lose when, not only are there no government bail outs, but the people who have their money in us.
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