Powell Admits Soft Landing May Be Bumpy – Ep 811
The Peter Schiff Show Podcast
00:00
The Fed Shouldn't Be Reacting Too Slowly to Inflation
The longer you take to get rates to where you think they need to be, the more damage the inflationis going to do. So if the fed thinks the appropriate rate for interest is two and a half %, well move it there right now. The market should be dealing with those high rates right now. Is what the fed doesn't want to do because it still is more concerned about how fighting inflation may impact the stock market than how fighting it too timidly may impact the overall economy.
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