Damn the Recession, Rate Hikes Ahead – Ep 831
The Peter Schiff Show Podcast
00:00
The Fed Needs to Fight Inflation
The fed has inflated a massive bubble, kept interest rates artificially low and printed too much money. Fighting inflation means pricking the bubble that was created by inflation. We can't create a viable economy with real economic growth unless we let this bubble deflate. And we've got to get rid of the inflation. But unfortunately, there is no political stomach to swallow that bitter tasting medicine so we're going to spit it out.
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