4.7 • 5.8K Ratings
🗓️ 25 September 2022
⏱️ 52 minutes
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0:00.0 | The Peter Shiff Show. |
0:09.5 | Today's podcast was recorded yesterday. |
0:12.1 | If you want to listen to my podcast, Commercial Free, the day that I record them, go to |
0:17.0 | shiffradio.com slash premium. |
0:19.6 | It only costs $5 a month. |
0:22.1 | Today's podcast is sponsored by ExpressVPN. |
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0:35.7 | ESPR, ESS, VPN.com slash goal. |
0:39.1 | And you'll get an extra three months free on a one year package. |
0:43.2 | As I predicted on my last podcast, the US stock market continued to sell off in the aftermath |
0:50.6 | of the Fed's decision to not only raise interest rates by 75 basis points, but pals continued |
0:57.7 | tough talk on the Fed's commitment to bring in the inflation rate back down to 2% no |
1:04.3 | matter what, even if doing so causes pain, even if it causes recession, even if it results |
1:10.8 | in a correction in the housing market, nothing is going to distract the Fed from successfully |
1:17.6 | completing its mission of ridding the country of the scourge of high inflation. |
1:22.9 | Of course, pal never accepted any responsibility for the Fed having let loose the scourge of |
1:28.7 | inflation in the first place, but regardless of where the inflation problem came from, the |
1:34.8 | Fed is committed to solving it. |
1:36.9 | And as I said, any commitment to solving the inflation problem is also a commitment to |
1:42.3 | not only destroy the stock market, the real estate market, the bond market, but the entire US |
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