Fed Can’t Solve an Inflation Problem It Doesn’t Understand – Ep 837
The Peter Schiff Show Podcast
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Jerome Powll's Inflationary Policy
According to jeremy segel, we've had two years of being too easy. The inflation just started. And therefore it can be a lot easier for powll to put this smaller inflation genie back in the bottle than it was for jerome powll to basely have to put the blue gin back into the bottle. If he thinks that cheap money started two years ago, he's sadly mistaken. It started in earnest in two thousand and eight with quantitative easing. We're the world's biggest debtor nation. We owe more money than all the other deto nations combined. So higher interest rates hurt us because we are in the paying end of that transaction, not on the receiving
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