Peak Inflation Is Wishful Thinking – Ep 799
The Peter Schiff Show Podcast
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The Fed Is Fighting Inflation, but Not the Economy
The last time we had an inflation rate this bad, the fed was aggressively fighting inflation with 20 % interest rates. The economy is so addicted to debt that if de doesn't stimulate the economy enough, even if it still stimulates it, it's not enough to prevent it from going into recession. So yes, if the fence succeeds in raising interust rates for two or three %, from a perspective of inflation, it's still easy money. Inflation is going to go higher as the economy sinks lower into recession. But i don't care how much lip stick you want to put on this pig, it'sstill a pig. I think the markets look weak. They looked weak going into
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