A Truly Independent Fed Would Criticize Bad Fiscal Policy – Ep 822
The Peter Schiff Show Podcast
Peter Schiff
4.7 • 5.8K Ratings
🗓️ 26 June 2022
⏱️ 59 minutes
🧾️ Download transcript
Summary
· Bitcoin more volatile than stock market indexes.
· Rising interest rates pushing up deficit.
· Abortion laws should be left to the states.
· Democrats are only pro-choice when it comes to abortions.
· The Patriot Act should have been called the Anti-Privacy Act.
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Transcript
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| 0:12.3 | The petershift show. |
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| 0:34.1 | All of the major US stock market averages |
| 0:37.4 | finished the week with strong gains, |
| 0:40.0 | particularly on Friday. |
| 0:42.2 | In fact, the Dow Jones was up 823 points, |
| 0:46.0 | pretty much closing on the high of the day. |
| 0:49.4 | That was a 2.7% gain in one day. |
| 0:53.8 | And for the week, the Dow Jones rose 5.4%. |
| 0:57.7 | Remember, we closed last week on the lows |
| 1:01.1 | for all of these indexes. |
| 1:02.6 | We were at bear market lows with the exception |
| 1:05.6 | of the Dow Jones, which has yet to officially move |
... |
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