Something’s Gotta Give – Ep 798
The Peter Schiff Show Podcast
00:00
What Happens During a Recession?
If interest rates went to ten % for the federal government, well, they would be sky rocketing for everybody. It wouldn't just be the us. Government that would be burdened by higher debt service costs,. corporate america, individual households. And so something is going to have to happen to prevent interest rates from going to ten% - it's going to be the federal reserve reversing orse. Stop raising interest rates, stop quantitative tightening and go back to quantitative easing.
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