Investors on High Wire Without Fed’s Net – Ep 802
The Peter Schiff Show Podcast
00:00
The Price Increases of the Past Aren't Going Away.
The price increases of the past aren't going away. They're going to go up even higher, because inflation is going to continue at a rate that well exceeds two %. The fed already decided and claimed that its mandate was for inflation to average two % over time. But i think that admission too, that inflation will stay high for years, scared the market as it also implies that intrust rates are going to stay high. And if you look at where net flicks closed on friday, the stocks down about 70 % from its high in november of last year. You don't want to get fooled by these phony bench marks just because the stock is down from its high doesn
Transcript
Play full episode
