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

The Pomp Podcast

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Is the Fed Draining Liquidity Fast Enough?

The Federal Reserve has been draining liquidity from the market. But we've seen numerous central banks in Asia actually pumping liquidity into the market. I don't think the Fed is going to continue on this path because the rate hikes that we've already had are taking a toll on the economy right now. And it's going to get a lot worse.

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