Peak Inflation Was Transitory – Ep 818
The Peter Schiff Show Podcast
00:00
Consumers Are More Pessimistic Than They Are Now
People are even more pessimistic to day than they were at the depths of two thousand and eight. Long inflation expectations, which are also part of that survey, rose from three % last month to three point three %. In fact, once consumers have a more realistic outlook of just how bad inflation is going to be, consumer confidences going to crash to an even lower record low," he says.
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