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#663 What Is Happening With Inflation? With Peter Schiff

The Pomp Podcast

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Is the Fed Doing the Right Thing?

The fed is trying to make policy for political reasons. They don't really care about doing the right thing, that's not their objective. But assuming they had that objective, then the right thing is really easy. You just back off of the quantitative easing, and you let interust rates go up. And when that happens, all hell's going to break loose, right? I mean, stocks are going to crash. Real states will default on their loans. The governments can have to massively cut spending. All this bad stuff is going to happen anyway, eventually. It's just that the sooner we allow it to happenthe the less bad it's gong i be. So i

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