A September Investors Hope to Forget – Ep 845
The Peter Schiff Show Podcast
00:00
Is the Fed Making a Government's Mistake?
If we get a crack on the long end of the bond market, that would be a catalyst for the Fed to pivot just like what happened in the UK when their bonds were crashing and it threatened a financial crisis. The Bank of England cried uncle and went right back to quantitative easing. So they cast aside the inflation fight and turned tail and ran the minute inflation started to fight back. Once again, it's not the free market that is acting recklessly.
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