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Thursday, November 17, 2022 4:21:33 PM
Peter Schiff: We're In The Eye Of The Inflation Hurricane
https://www.zerohedge.com/markets/peter-schiff-were-eye-inflation-hurricane
"The Fed has to raise interest rates high enough so that people stop borrowing and stop spending and save instead.
What this proves is the Fed is losing the fight against inflation. The people who are paying attention to the noise of the Consumer Price Index or the Producer Price Index don’t even understand inflation. They have no idea where it came from. They have no idea why it’s so bad. And now they think it’s going to come down. They’re going to be completely shocked when inflation hits new highs.”"
https://www.zerohedge.com/markets/peter-schiff-were-eye-inflation-hurricane
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