FAST FIVE: Peter Schiff: Jerome Powell Still Thinks He Can Pull Off The Impossible

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What matters more is that they're not zero anymore, they're going much higher, and you have a market that is priced basically for free money – for zero percent interest rates.” Not to mention¬†quantitative easing.

– Not only are those supports gone, but now we have the opposite.

Well, now we've got a huge inflation problem.

The Fed has kicked the inflation can down the road for 12 years.

But this is a giant game of chicken, and I think Powell is going to keep up this pretense as long as he possibly can.” Tyler Durden Wed, 09/28/2022 – 13:05.

Categories: ZH