Fed Can’t Put Inflation Genie Back in the Bottle – Ep 676

The Peter Schiff Show Podcast

Peter Schiff

Business, Politics, Business News, Investing, News

4.7 • 5.8K Ratings

🗓️ 8 April 2021

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

* Jamie Dimon touts optimistic fairy tales.
* Moratoriums on evictions and student loan payments boosting consumer spending.
* The 70’s were an economic disaster because of the policies of the 60’s.
* Fed betting the house on inflation being transitory.
* China’s digital Yuan threatens both Bitcoin and the US Dollar.

Free $75 sponsored job credit at https://Indeed.com/peter. Terms and conditions apply. Offer valid through June 30, 2021.

Invest like me: https://schiffradio.com/invest

RATE AND REVIEW the Peter Schiff Show Podcast on Facebook.
https://www.facebook.com/PeterSchiff/reviews/

SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/
Schiff Gold News: http://www.SchiffGold.com/news
Buy my newest book at http://www.tinyurl.com/RealCrash

Follow me on Facebook: http://www.Facebook.com/PeterSchiff
Follow me on Twitter: http://www.Twitter.com/PeterSchiff
Follow me on Instagram: https://instagram.com/PeterSchiff Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

Click on a timestamp to play from that location

0:00.0	The Peter Schiff Show.
0:09.2	Today's episode of the Peter Schiff Show Podcast is sponsored by Indeed.
0:13.9	Indeed is the job site that makes hiring as easy as one, two, three post screen interview
0:20.6	all on Indeed.
0:22.4	So you can get started now with a free $75 credit to upgrade your job post at Indeed.com
0:29.7	slash Peter, the offers valid through June 30th, terms and conditions apply.
0:36.4	Well I had a very busy day today and so I'm not actually recording this podcast until
0:43.2	late on a Wednesday evening.
0:45.5	So it's not going to get uploaded till Thursday morning.
0:49.1	So what I'm talking about stuff that happened today and you're listening to this on Thursday.
0:54.1	I'm talking about the stuff that happened on Wednesday and you know my morning started.
1:00.0	There were a lot of articles I was seeing online and then I heard some interviews on
1:06.0	financial television about Jamie Dimon and he had wrote a letter to JP Morgan shareholders
1:14.6	in which he was very optimistic on the US economy.
1:18.7	In fact, he called it another Goldilocks scenario.
1:21.8	Of course, this happens a lot.
1:23.6	Last time I remember people talking about Goldilocks was Larry Cudlow in the years leading
1:29.5	up to the 2008 financial crisis.
1:32.6	That was Goldilocks too.
1:34.4	Well we know how that ended, right?
1:36.2	The big bad wolf came in and basically blew down everybody's house.
1:41.2	I'm reading Goldilocks again.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Peter Schiff, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Peter Schiff and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.