FedEx Proves the Fed Can’t Deliver a Soft Landing – Ep 841
The Peter Schiff Show Podcast
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The Fed Is Not Going to Pivot
I'm confident that the only reason powell is talking so tough on fighting inflation is that he's still delusiona enough to believe that he can do it without destroying the economy. Is he willing to put the economy in a mild recession where unemployment tweaks up a little bit? Sure, why not? That would be getting out a dodge with barely a scratch. But is he willing to create a worse financial crisis than two thousand and eight? Of course not. He doesn't expect that, and neither does anybody else. The bust needs to be proportionate to the boom. We've never had an economy more screwed up than the one we have right now. Bonds are going to get obliterated
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