Despite 14 Year Highs, Bond Yields Have a Long Way to Rise – Ep 849
The Peter Schiff Show Podcast
00:00
What's Normal?
Despite all the rate hikes that we've had thus far, the Fed fund rate right now is three and one eighth. So you're still talking about very high negative interest rates, which are inflationary. But you have to keep this in perspective to where rates have been historically. Everybody forgets what's normal. People think that the low interest rates that we had in the last decade are normal. They were abnormal.
Transcript
Play full episode
