A Tale of Two Dollars – Ep 826
The Peter Schiff Show Podcast
00:00
What Happens to the Economy When Rates Are Higher?
The economy is already in recession, and interust rates are only one and a half %. The lay offs that have already begun are going to massively accelerate as the recession gets worse. If we're not producing as much stuff, we have less stuff, and therefore the price of that stuff has to go up. That means more pressure, upward pressure, on prices.
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