Fed Can’t Solve an Inflation Problem It Doesn’t Understand – Ep 837

The Peter Schiff Show Podcast

Peter Schiff

Business, Politics, Business News, Investing, News

4.7 • 5.8K Ratings

🗓️ 31 August 2022

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

· Consumers have misplaced confidence.
· Job hirings shrink as job openings grow.
· Jeremy Siegel, Becky Quick, and Joe Biden compete for most ridiculous inflation comment.
· Los Angeles liberals’ virtue signaling reaches new level of idiocy.

Go to https://shopify.com/gold for a FREE fourteen-day trial and get full access to Shopify’s entire suite of features.

Join my Locals community to get The Peter Schiff Show ad-free and a day early! Plus get access to special live reports and Q&As. Visit https://schiffradio.com/premium to become a member.

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

RATE AND REVIEW 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 Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

Click on a timestamp to play from that location

0:00.0	Today's podcast was recorded yesterday.
0:02.8	If you want to listen to my podcast,
0:04.8	commercial free, the day that I record them,
0:07.6	go to shifradio.com slash premium.
0:10.3	It only costs $5 a month.
0:12.3	The Peter Shif Show.
0:21.1	Today's podcast is sponsored by Shopify.
0:23.6	Shopify is a platform designed for anyone to sell anywhere,
0:27.6	giving small entrepreneurs the resources once reserved for big business,
0:32.1	to get a free 14 day trial and full access to Shopify's entire suite of features.
0:37.4	Go to shopify.com slash gold.
0:40.7	Well, we didn't get a black Monday type crash following the Dow's 1,000
0:46.2	and eight point plunge on Friday, but we did get a down day.
0:50.6	In fact, at one point, the Dow was down better than 300 points
0:54.6	before pairing those losses.
0:56.7	It only closed down 130 points on Monday.
1:00.1	But then today, it dropped another 308 points
1:04.2	closing below Monday's low, completely negating any significance
1:09.6	of the rally off the Monday low.
1:11.4	In fact, closing below that low is a very ominous technical sign.
1:16.0	The market continues to look weak.
1:18.1	The Dow is down 1.5% on the first two days of the week.
	...

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.